The following table shows the balances from various accounts in the adjusted trial balance for Unilink Telecom Corp. as of December 31, 2020 Debit Credit 28,800 86,400 59,400 d. 100,800 234,000 a. Interest income b. Depreciation expense, equipment Loss on sale of office equipment Accounts payable e. Other operating expenses f. Accumulated depreciation, equipment 9. Gain from settling a lawsuit h. Cumulative effect of change in accounting principle (pre-tax) 1. Accumulated depreciation, buildings 1. Loss from operating a discontinued operation (pre-tax) k. Gain on expropriation of land and building by government 1. Sales m. Depreciation expense, buildings Correction of overstatement of prior year's sales (pre-tax) Gain on sale of discontinued operation's assets (pre-tax) p. Loss from settling a lawsuit Income taxes expense r. cost of goods sold 176,400 100,800 151,200 392,400 46, 800 68,400 2,329, 200 n. 0. 129,600 36,000 79,200 9. 57,600 ? 1,170,000 Required: 1. Assuming that the company's income tax rate is 30%, what are the tax effects and after-tax measures of the items labelled as pre-tax? (Negative answers should be indicated by a minus sign.) Pre-tax 30% Tax Effect After-Tax Measuro Cumulative effect of change in accounting principle Loss from operating a discontinued operation Correction of overstatement of prior year's sales Gain on sale of discontinued operation's assets 2. Prepare a multi-step income statement for the year ended December 31, 2020. (Negative answers should be indicated by a minus sign in the other revenues and expenses section and the discontinued operations section.) UNILINK TELECOM CORP. Income Statement For Year Ended December 31, 2020 Operating expenses Other revenues and expenses Discontinued operations