The following accounts are taken from the accounting records of Dory Company at December 31, 2020 after adjustments: $249,000 14,000 15,000 8,000 Sales revenue Sales salaries expense Administrative salaries exponse Depreciation expenso: equipment Purchases Purchases returns Freight-in Inventory, 1/1/20 Retained earnings, 1/1/20 160,000 2,000 10,000 80,000 60,000 In addition, the following information is available: The inventory on December 31, 2020, was $75,000. Ten thousand shares of common stock were outstanding during the entire year. Dory paid dividonds of $1.00 per share At the end of October, Dory sold its unprofitable restaurant component. From January through October, the component had incurred an operating loss (pretax) of $14,000. The sale was made at a loss (pretax) of $8,000 The applicable tax rate is 30%. Required: Prepare a 2020 multiple-step income statement for the Dory Company