The following is a partial trial balance for the Green Star Corporation as of December 31, 2021:

Account Title	Debits	Credits
Sales revenue		1,550,000
Interest revenue		38,000
Gain on sale of investments		58,000
Cost of goods sold	770,000
Selling expenses	200,000
General and administrative expenses	83,000
Interest expense	48,000
Income tax expense	138,000

There were 110,000 shares of common stock outstanding throughout 2021.

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.

GREEN STAR CORPORATION
Income Statement
For the Year Ended December 31, 2021
Revenues and gains:
Total revenues and gains
Expenses and losses:
Total expenses and losses
Income before income taxes
Net income
Earnings per share

nd EPS answer to 2 decimal places.)

GREEN STAR CORPORATION
Income Statement
For the Year Ended December 31, 2021
Gross profit
Operating expenses:
Total operating expenses
Operating income
Other income (expense):
Total other income, net
Income before income taxes
Net income
Earnings per share