The following is a partial trial balance for the Green Star Corporation as of December 31, 2021: Account Title Debits Credits Sales revenue $ 1,300,000 Interest revenue 30,000 Gain on sale of...

The following is a partial trial balance for the Green Star Corporation as of December 31, 2021:

Account Title                                                             Debits                 Credits

Sales revenue                                                                                $ 1,300,000
Interest revenue                                                                                   30,000
Gain on sale of investments                                                                50,000
Cost of goods sold                                                $ 720,000
Selling expense                                                        160,000
General and administrative expense                          75,000
Interest expense                                                         40,000
Income tax expense                                                 130,000

There were 100,000 shares of common stock outstanding throughout 2021.
Required:
1. Prepare a single-step income statement for 2021, including EPS disclosures, by inserting the amounts above into the appropriate section.
2. Prepare a multiple-step income statement for 2021, including EPS disclosures, by inserting the amounts above into the appropriate section.