Identify the type of income statement: Is it a single-step or multiple-step income statement?

What information does it provide? Is it useful? Required: Post at least 200 words addressing the following points: Identify the type of income statement: Is it a single-step or multiple-step income statement? Are there any extraordinary items or discontinued operations on the income statement? If your statement is a single-step income statement, refer now to a multiple-step income statement in your text. Read a selection of your colleagues’ postings.