(Solved): Multiple-Step and Single-Step Income Statements, and Statement of Comprehensive Income On December ...

Multiple-Step and Single-Step Income Statements, and Statement of Comprehensive Income On December 31, 2019, Opgenorth Company listed the following items in its adjusted trial balance: Additional data: 1. Seven thousand shares of common stock have been outstanding the entire year. 2. The income tax rate is \( 30 \% \) on all items of income. Required: 1. Prepare a 2019 multiple-step income statement. Round earnings per share to two decimal places. 2. Prepare a 2019 single-step income statement. Round earnings per share to two decimal places. 3. Prepare a 2019 statement of comprehensive income. 2. Prepare a 2019 single-step income statement. Round earnings per share to two decimal places. 3. Prepare a 2019 statement of comprehensive income.