The trial balance of Muscat Company included the following accounts as of December 31, 2021: Debits Credits Sales revenue 8,310,000 59,000 119,000 130 500 159,000 Interest revenue Gain on sale of investments Gain on debt securities Loss on projected benefit obligation Cost of goods sold Selling expense Goodwill impairment loss Interest expense General and administrative expense 6,111,000 710,000 505,000 29,000 490,000 The gain on debt securities represents the increase in the fair value of debt securities and is classified as a component of other comprehensive income. Muscat Company had 300,000 shares of stock outstanding throughout the year. Income tax expense has not yet been recorded. The effective tax rate is 25%. Required: Prepare a 2021 multiple-step income statement. [ 6 Marks)