Use the following multiple step income statement of Carla Vista Company to prepare a single-step version

Current Attempt in Progress Use the following multiple step income statement of Carla Vista Company to prepare a single-stepversion. Carla Vista Company Income Statement For the Year Ended December 31, 2025 Sales Siles revenue Less: Sales returns and allowances Net sales Cost of goods sold Gross profit Operating expenses Income from operations Other revenues and gains Interest revenue Other expenses and losses Logs on sale of equipment Net income 98,700 2,000 $96,700 45.700 51,000 14,300 36.700 2000 $37,800