Presented below is information related to Petro Rabigh Company: Interest Expense Retained Earnings Sales Fire loss 20,000 400,000 1,850,000 65,000 Selling Expense 100,000 Cost of goods sold 500,000 Rental revenue 80,000 Administrative Expense 150,000 29,000 21 27 () Dividends Instruction: Prepare in good form a multiple-step income statement for 2020 for Petro Rabigh company that is presented in accordance with GAAP. Assume a 40% is a tax rate.