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  3. in its income statement for the year ended decembe

In its income statement for the year ended December 31, 2022, Metlock, Inc. reported the...

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Accounting

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In its income statement for the year ended December 31, 2022, Metlock, Inc. reported the following condensed data. Operating expenses $ 718,000 Interest revenue $ 30,000 Cost of goods sold 1,254,000 Loss on disposal of plant assets 15,000 Interest expense 67,000 Net sales 2,198,000 Income tax expense 43,000 Other comprehensive income (net of $1,200 tax) 8,100 Prepare a multiple-step income statement. Metlock, Inc. Income Statement

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