The following selected accounts from Okanagan Corporations general ledger are presented below for the year ended December 31, 2018:

Accounts receivable		$243,000
Accumulated depreciationequipment		744,000
Advertising expense		56,000
Common shares		252,000
Cost of goods sold		1,285,000
Depreciation expense		122,000
Dividends declared		162,000
Equipment		1,592,000
Freight out		27,000
Income tax expense		65,000
Insurance expense		21,000
Interest expense		62,000
Interest revenue		33,000
Inventory		106,000
Prepaid expenses		28,000
Rent revenue		26,000
Retained earnings		553,000
Salaries expense		667,000
Sales		2,667,000
Sales discounts		21,000
Sales returns and allowances		39,000
Unearned revenue		19,000

Prepare a single-step income statement. Prepare a multiple-step income statement.