Tisdale Incorporated reports the following amounts in its December 31, 2024, income statement. Income tax expense Cost of goods sold $27,000 187,000 37,000 Administrative expenses Sales revenue Nonoperating revenue Selling expenses General expenses Required: 1. Prepare a multiple-step income statement. 2. Indicate whether the statement "Tisdale Incorporated does not appear to have much profit-generating potential." is true or false. Complete this question by entering your answers in the tabs below. Required 1 Required 2 $285,000 107,000 57,000 47,000 Prepare a multiple-step income statement. (Losses should be indicated by a minus sign.) TISDALE INCORPORATED Multiple-Step Income Statement For the Year Ended December 31, 2024 285,000 (187,000) $ Sales revenue Cost of goods sold Gross profit Selling expenses General expenses Administrative expenses Total operating expenses. Operating income (loss) Mananaentina LIAALIA 57,000 47,000 37,000 $ 98,000 141,000 (47,000) 107 0001

I need help figuring out how to get "Income before income taxes"!! please explain how to find it

Tisdale incorporated reports the following amounts in its December 31, 2024, income statement. Required: 1. Prepare a multiple-step income statement. 2. Indicate whether the statement "Tisdale Incorporated does not appear to have much profit-generating potential." is true or fals Complete this question by entering your answers in the tabs below. Prepare a multiple-step income statement. (Losses should be indicated by a minus sign.) Complete this question by entering your answers in the tabs below. Prepare a multiple-step income statement. (Losses should be indicated by a minus sign.) Tisdale Incorporated reports the following amounts in its December 31, 2024, income statement. Required: 1. Prepare a multiple-step income statement. 2. Indicate whether the statement "Tisdale Incorporated does not appear to have much profit-generating potential." is true or false. Complete this question by entering your answers in the tabs below. Indicate whether the statement "Tisdale Incorporated does not appear to have much profi-generating potential." is true or false. Tiscase thoorporated does not appear to have much profit-generating potensial