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TS Rentals Ltd.'s accounting records include the following items listed in no particular order, at December 31, 2020, (Click the icon to view the data.)

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TS Rentals Ltd.'s accounting records include the following items listed in no particular order, at December 31, 2020, (Click the icon to view the data.) Income tax of 40 percent applies to all tems. Prepare TS Rentals Ltd's multi-step income statement for the year ended December 31, 2020. Use a one-column format. Omit earnings per share. i Records $ 145,000 Other gains (losses) Cost of goods sold Gain on discontinued operations $ (16,500) Net sales revenue 44,000 Operating expenses 44,000 7,600 Accounts receivable 9,500 Print Done TS Rentals Ltd. Income Statement For the Year Ended December 31, 2020 S TS Rentals Ltd. Income Statement For the Year Ended December 31, 2020 Cost of goods sold Gain on discontinued operations Income tax expense Net sales revenue Operating expenses Other gains (losses) S Choose from any list or enter any number in the input fields and then continue to the next questio esc BO FI OOD FA F2 F3 # 3 $ 4 2 % 5

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