4) Beta Company has the following balances at December 31, 2018: $30,000 Retained earnings, December 31, 2014 Cost of goods sold 56,000 Depreciation expense 1,450 Dividends 8,000 Income tax expense 2,000 Interest expense 1,050 Rent expense 1,700 Sales 68,000 Wage expense 6,800 Required: Prepare a multiple-step income statement for the year ended December 31, 2018