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The following is a partial trial balance for General Lighting Corporation as of December 21, 2021: Dubita Credits 2,450,000 32,000 Account Title Sales revenue Interest

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The following is a partial trial balance for General Lighting Corporation as of December 21, 2021: Dubita Credits 2,450,000 32,000 Account Title Sales revenue Interest FavTIZO LOE ouale of investments Cost of goods sold LOEE os inventory write-dow abolescence) Selling expense General and disintentive expense Interest expense 23,500 1,210,000 220,000 320,000 160.000 31,000 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 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 Raven and gains Total revenue and quins Expenses and losses 0 Total expenses and losses Income before income taxes 0 Not income Eaming per share Read 1 Required 2 >

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