The following information is related to Dickinson Company for 2020. Retained earnings balance, January 1, 2020 $600,000 Sales Revenue 18,540,500 Cost of goods sold 12,111,125 Interest expense 205,300 Selling expenses 1,657,000 Administrative expenses 2,133,500 Loss on write-down of fixed assets 500,000 Dividend revenue 312,000 Income tax expense 625,300 Gain on the sale of investments 112,130 326,200 Loss on operations of the wholesale division (net of tax) Loss on the disposition of the wholesale division (net of tax) Dividends declared on preferred stock Dividends declared on common stock 381,200 101,800 255,600 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. Required: Prepare a multiple-step income statement in good form. Do not calculate earnings per share information