The following is a partial trial balance for General Lighting Corporation as of December $31,2021$:

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:

Prepare a single$-$step income statement for $2021,$ including EPS disclosures.

Prepare a multiple$-$step income statement for $2021,$ including EPS disclosures.