The following information is related to Dickinson Company for 2014. Retained earnings balance, January 1, 2014 $986,000 Sales Revenue 24,462,000 Cost of goods sold 15,275,000 Interest revenue 51,700 Selling and administrative expenses 4,255,000 Write-off of goodwill 751,000 Income taxes for 2014 1,417,000 Gain on the sale of investments (normal recurring) 113,400 Loss due to flood damageextraordinary item (net of tax) 394,800 Loss on the disposition of the wholesale division (net of tax) 456,200 Loss on operations of the wholesale division (net of tax) 94,200 Dividends declared on common stock 255,600 Dividends declared on preferred stock 84,800 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 368,800 shares of common stock outstanding all year. Required: Prepare a multiple-step income statement in good form. Only calculate earnings per share on net income.