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The following is a partial trial balance for General Lighting Corporation as of December 31, 2021 Debits Account Title Sales revenue Interest revenue Loss on

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The following is a partial trial balance for General Lighting Corporation as of December 31, 2021 Debits Account Title Sales revenue Interest revenue Loss on sale of investments Cost of goods sold Loss on Inventory write down (obsolescence) Selling expense General and administrative expense Interest expense Credits 3,200,000 97,000 31,000 1,360.ee 370,000 470,000 235,000 96,000 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: A 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.) GENERAL LIGHTING CORPORATION Income Statement For the Year Ended December 31, 2021

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