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P 4-2 The following information for Lesky Corporation covers the year ended December 31, 2010: LESKY CORPORATION Income Statement For the Year Ended...

P 4-2 The following information for Lesky Corporation covers the year ended December 31, 2010:
LESKY CORPORATION
Income Statement
For the Year Ended December 31, 2010
Revenue:
Revenues from sales $ 362,000
Rental income 1,000
Interest 2,400
Total revenue 365,400
Expenses:
Cost of products sold $242,000
Selling expenses 47,000
Administrative and general expenses 11,400
Interest expense 2,200
Federal and state income taxes 20,300
Total expenses 322,900
Net income $ 42,500
Required Change this statement to a multiple-step format,

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