The following information was drawn from the records of Toner Sales Company. Year 1 Year 2 Net sales $ 60,000 $ 60,000 Cost of goods sold (21,000) (22,200) Operating expenses (9,000) (15,600) Loss on the sale of land 0 (10,200) Required: a. Prepare a multistep income statement for each year. b. Prepare a common size income statement for each year. The following information was drawn from the records of Toner Sales Company. Year 1 Year 2 Net sales $ 60,000 $ 60,000 Cost of goods sold (21,000) (22,200) Operating expenses (9,000) (15,600) Loss on the sale of land 0 (10,200) Required: a. Prepare a multistep income statement for each year. b. Prepare a common size income statement for each year.