The following is a partial trial balance for the Green Star Corporation as of December 31, 2021: Account Title Debits Credits Sales revenue 1,350,000 Interest revenue 34,000 Gain on sale of investments 54,000 Cost of goods sold 730,000 Selling expenses 180,000 General and administrative expenses 79,000 Interest expense 44,000 Income tax expense 134,000 There were 100,000 shares of common stock outstanding throughout 2021.
Required:
1. Prepare a single-step income statement for 2021, including EPS disclosures.
2. Prepare a multiple-step income statement for 2021, including EPS disclosures.
Prepare a single-step income statement for 2021, including EPS disclosures. (Round EPS answer to 2 decimal places.)
Prepare a multiple-step income statement for 2021, including EPS disclosures. (Amounts to be deducted should be indicated with a minus sign. Round EPS answer to 2 decimal places.)