The following is a partial trial balance for General Lighting Corporation as of December 31, 2018: Debits Credits 2,850,000 90,000 Account Title Sales revenue Interest revenue Loss on sale of investments Cost of goods sold Loss from write-down of inventory due to obsolescence Selling expenses General and administrative expenses Interest expense 27,500 1,290,000 300,000 400,000 200,000 89,000 300,000 shares of common stock were outstanding throughout 2018. Income tax expense has not yet been recorded. The income rate is 40% Required: 1. Prepare a single-step income statement for 2018, including EPS disclosures. 2. Prepare a multiple-step income statement for 2018, 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 2018, including EPS disclosures. (Round EPS answer to 2 decimal places. Amounts to be deducted should be indicated with a minus sign.) GENERAL LIGHTING CORPORATION 3 GENERAL LIGHTING CORPORATION Income Statement For the Year Ended December 31, 2018 oints 0 eBook Hint Print References 0 0 0 0 Earnings per share MC (Graw HI GENERAL LIGHTING CORPORATION Income Statement For the Year Ended December 31, 2018 Book 0 Print Accounts payable Accounts receivable Accumulated depreciation Advertising expense -rences 0 0 0 0