Use the following single$-$step income statement of Sunland Company to prepare a multiple step versi gains before other expenses and losses.$)$

Sunland Company

Income Statement

For the Year Ended December $31,2025$

Net sales

$$126,000$

Gain on the sale of investments

Cost of goods sold

Operating expenses

$31,100$

Interest expense

$1,100$

Net income

Sunland Company Income Statement

For the Year Ended December $31,2025$

$

Use the following single$-$step income statement of Sunland Company to prepare a multiple step versi gains before other expenses and losses.$)$

Sunland Company

Income Statement

For the Year Ended December $31,2025$

Net sales

$$126,000$

Gain on the sale of investments

Cost of goods sold

Operating expenses

$31,100$

Interest expense

$1,100$

Net income

Sunland Company Income Statement

For the Year Ended December $31,2025$

$