Presented below is information related to Dickinson Company for 2012. Retained earnings balance, January 1, 2012 $989,900 Sales for the year 26,440,900 Cost of goods sold 16,166,200 Interest revenue 73,300 Selling and administrative expenses 4,748,700 Write-off of goodwill (not tax deductible) 830,400 Income taxes for 2012 967,670 Gain on the sale of investments (normal recurring) 113,900 Loss due to flood damageextraordinary item (net of tax) 394,500 Loss on the disposition of the wholesale division (net of tax) 455,400 Loss on operations of the wholesale division (net of tax) 94,400 Dividends declared on common stock 261,000 Dividends declared on preferred stock 84,200 Prepare a multiple-step income statement and a retained earnings statement. Dickinson Company decided to discontinue its entire wholesale operations and to retain its manufacturing operations. On September 15, Dickinson sold the wholesale operations to Rogers Company. During 2012, there were 500,000 shares of common stock outstanding all year. (List multiple entries from largest to smallest amount, e.g. 10, 5, 2. Round earnings per share to 2 decimal places, e.g. 5.25 and all other answers to 0 decimal places, e.g. 2.250. For earnings per share use either a negative sign preceding the number, e.g. -0.45 or parenthesis, e.g. (0.45) for negative numbers. Enter all other amounts as positive amounts and subtract where necessary.) DICKINSON COMPANY Income Statement For the Year Ended December 31, 2012 $ Gross Profit Income from operations Other revenues and gains $ Other expenses and losses Income from continuing operations before income tax Income from continuing operations Discontinued operations Income before extraordinary item Net income $ Earnings per share: $ Discontinued operations Loss on disposal, net of tax Income before extraordinary item Net income $ DICKINSON COMPANY Retained Earnings Statement For the Year Ended December 31, 2012 $ Add: Less: $ $