The following is a partial trial balance for General Lighting Corporation as of December 31, 2021: Debits Credits 3,100,000 95,000 Account Title Sales revenue Interest revenue Loss on sale of investments Cost of goods 3old Loss on inventory write-down (obsolescence) Selling expense General and administrative expense Interest expense 30,000 1,340,000 350,000 450,000 225,000 94,000 There were 300,000 shares of common stock outstanding throughout 2021. Income tax expense has not yet been recorded. The income tax rate is 25%. Required: 1. Prepare a single-step income statement for 2021, including EPS disclosures. 2. Prepare a multiple-step income statement for 2021, including EPS disclosures. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Prepare a multiple-step income statement for 2021, including EPS disclosures. (Round EPS answer to 2 decimal places. Amounts to be deducted should be indicated with a minus sign.) Prepare a single-step income statement for 2021, including EPS disclosures. (Round EPS answer to 2 decimal places.) GENERAL LIGHTING CORPORATION Income Statement For the Year Ended December 31, 2021 Revenues and gains: 0 Total revenues and gains Expenses and losses: Total expenses and losses 0 Income before income taxes 0 Net income Earnings per share GENERAL LIGHTING CORPORATION Income Statement For the Year Ended December 31, 2021 0 Gross profit Operating expenses: 0 Total operating expenses Operating income Other income (expense) 0 0 Total other income (expense), net Income before income taxes 0 Net income Earnings per share