The following information is related to Dickinson Company for 2014. Retained earnings balance, January 1, 2014 $997,600 Sales Revenue 26,170,000 Cost of goods sold 16,106,000 Interest revenue 74,100 Selling and administrative expenses 4,712,000 Write-off of goodwill 828,100 Income taxes for 2014 1,434,000 Gain on the sale of investments (normal recurring) 111,900 Loss due to flood damageextraordinary item (net of tax) 397,900 Loss on the disposition of the wholesale division (net of tax) 458,300 Loss on operations of the wholesale division (net of tax) 92,100 Dividends declared on common stock 254,300 Dividends declared on preferred stock 84,000 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 2014, there were 494,500 shares of common stock outstanding all year. Collapse question part (a1) Prepare a multiple-step income statement. Prepare a single income statement