tions account (Click the icon to view the data.) clude the following items, listed in no particular order, at December 31, 2024. The income tax rate for ABC Corporation is 21%. Prepare ABC's income statement for the year ended December 31, 2024. Omit earnings per share. Use the multi-step format. Income Statement Year Ended December 31, 2024 Income Before Income Taxes Net Income Data table Other Income and (Expenses) Net Sales $ (7,200) Cost of Goods Sold $ 30,000 81,000 Operating Expenses 25,000 Gain on Discontinued Operations 3,600 Print Done