Presented below is information related to Farr Company Retained earnings, December 31, 2017 Sales revenue Selling and administrative expenses Discontinued operations loss (pre-tax) Cash dividends declared on common stock Cost of goods sold Gain resulting from computation error on depreciation charge in 2016 (pre-tax) Other revenue Other expenses $657,600 1,500,500 246,600 284,300 33,600 897,900 525,600 110,400 104,000 Prepare in good form a multiple-step income statement for the year 2018. Assume a 30% tax rate and that 80,000 shares of common stock were outstanding during the year