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The following list of items was extracted from the December 31, 2020, trial balance of Future Products Corp. Use the following Information. Credit Debit $

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The following list of items was extracted from the December 31, 2020, trial balance of Future Products Corp. Use the following Information. Credit Debit $ 76,370 103.198 26,600 $ 781, 790 Salaries expense Income tax expense (continuing operations) Lose from operating Division C (net of $11,260 tax benefit) Sales Total effect on prior years' profit of change from declining balance to straight-line depreciation (net of $10,960 tax) Gain on provincial condemnation of land owned by Future Depreciation expense Gain on sale of Division C (net of $21, 960 tax) Cost of goods sold 36, 440 102,400 68,730 72,800 464,220 Prepare the company's multiple-step income statement for 2020. (Enter all amounts as positive values.) FUTURE PRODUCTS CORP. Income Statement For Year Ended December 31, 2020 Operating expenses Total Oberating expenses Operating expenses Total operating expenses Other revenues/expenses Discontinued operations

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