Name \\& Surname: 17. The following information for Decher Aut \\begin{tabular}{lr} Administrative expense & \\( \\$ 62,000 \\) \\\\ Dividend income & 10,000 \\\\ Income taxes & 100,000 \\\\ Interest expense & 20,000 \\\\ Merchandise inventory, \\( 1 / 1 \\) & 650,000 \\\\ Merchandise inventory, 12/31 & 440,000 \\\\ Flood loss (net of tax) & 30,000 \\\\ Purchases & 460,000 \\\\ Sales & \\( 1,000,000 \\) \\\\ Selling expenses & 43,000 \\end{tabular} Required: (18 points) a. Prepare a multiple-step income statement b. Assuming that 100,000 shares of commo before extraordinary items and the net earn