Prepare a multiple-step income statement * Presented below is information related to Farr Company. $ 650,000 1,400,000 240,000 270,000 Retained earnings, December 31, 2012 Sales revenue Selling and administrative expenses Hurricane loss (pre-tax) on plant (extraordinary item) Cash dividends declared on common stock Cost of goods sold Gain resulting from computation error on depreciation charge in 2011 (pre-tax) Other revenue Other expenses 33,600 830,000 520,000 120,000 100,000 Instruction Prepare in good form a multiple-step income statement for the year 2013. Assume a 30% tax rate and that 80,000 shares of common stock were outstanding during the year. Calculate EPS. 1 Add file