Transcribed image text: The following is a partial trial balance for General Lighting Corporation as of December 31, 2021: Debits Credits 2,950,000 92,000 points Account Title Sales revenue Interest revenue Loss on sale of investments Cost of goods sold Loss on inventory write-down (obsolescence) Selling expense General and administrative expense Interest expense 28,500 1,310,000 320,000 420,000 210,000 91,000 eBook Hint There were 300,000 shares of common stock outstanding throughout 2021. Income tax expense has not yet been recorded. The income tax rate is 25%. Required: Print 1. Prepare a single-step income statement for 2021, including EPS disclosures. 2. Prepare a multiple-step income statement for 2021, including EPS disclosures. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 1 Required 2 eBook Prepare a single-step income statement for 2021, including EPS disclosures. (Round EPS answer to 2 decimal places.) Hint GENERAL LIGHTING CORPORATION Income Statement For the Year Ended December 31, 2021 Revenues and gains: Print Total revenues and gains Expenses and losses: Total expenses and losses Income before income taxes Net income Earnings per share Required 1 Required 2 points Prepare a multiple-step income statement for 2021, including EPS disclosures. (Round EPS answer to 2 decimal places. Amounts to be deducted should be indicated with a minus sign.) eBook GENERAL LIGHTING CORPORATION Income Statement For the Year Ended December 31, 2021 Hint Print Gross profit Operating expenses: Total operating expenses Operating income Other income (expense): Total other income (expense), net Income before income taxes Net income Earnings per share