Counting Crows Inc. provided the following information for the year 2014.

Retained earnings, January 1, 2014		$	590,000
Administrative expenses			235,000
Selling expenses			290,000
Sales revenue			1,931,000
Cash dividends declared			71,000
Cost of goods sold			848,000
Extraordinary gain			91,000
Loss on discontinued operations			69,000
Rent revenue			41,000
Unrealized holding gain on available-for-sale securities			19,000
Income tax applicable to continuing operations			188,000
Income tax benefit applicable to loss on discontinued operations			23,460
Income tax applicable to extraordinary gain			30,940
Income tax applicable to unrealized holding gain on available-for-sale securities			1,900

(a) Prepare a multi-step income statement for 2014, a retained earnings statement for 2014, and a statement of comprehensive income using the two statement format. Shares outstanding during 2014 were 100,000. (Round earnings per share to 2 decimal places, e.g. $1.48.)