Use the information from the following single-step income statement to prepare a multistep income statement in proper form.
Definitions:
Chicago
A major city in the United States, known for its significant contributions to art, culture, and economy as well as its diverse population.
Railroads
Transportation systems using tracks and trains to convey passengers and freight over long and short distances.
Eastern Marketplaces
Economic regions or bazaars located in the eastern part of a country or region, especially significant in historical trade routes, known for the exchange of goods, services, and cultural practices.
Cotton Plantations
Agricultural estates dedicated to the mass production of cotton, a key crop in the economy of the American South before the Civil War.
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