Presented below is information related to Farr Company. Retained earnings, December 31, 2014 $ 664,500 Sales revenue 1,504,600 Selling and administrative expenses 243,000 Hurricane loss (pre-tax) on plant (extraordinary item) 287,900 Cash dividends declared on common stock 33,600 Cost of goods sold 855,900 Gain resulting from computation error on depreciation charge in 2013 (pre-tax) 526,300 Other revenue 129,900 Other expenses 103,300Prepare in good form a multiple-step income statement for the year 2015. Assume a 30% tax rate and that 80,000 shares of common stock were outstanding during the year