The following is the trial balance of Sunland Corporation at December 31, 2020. Question 8 of 10 Notes Payable Selling Expenses Administrative Expenses Common Stock Income Tax Expense Cash Dividends Allowance for Doubtful Accounts Supplies Freight-in Land Equipment Bonds Payable Gain on Sale of Land Accumulated Depreciation-Buildings Inventory Buildings Purchases Totals 140,000 464,000 198,000 600,000 107,800 90,000 10,000 28,000 40,000 140,000 280,000 200,000 60,000 39,200 178,000 196,000 $3,815,2001,220,000$3,815,200 epare a single-step income statement. 60,000 shares of common stock were outstanding the entire vear (Round an. are to 2 decimal places, e.g. 1.48.) Attempts: 1 of 2 used