The following items are from Taperline Corporation on December 31, 2012. Assume a flat 40% corporate tax rate on all items, including the casualty loss. Sales $670,000 Rental income 3, 600 Gain on the sale of fixed assets $3,000 General and administrative expenses 110,000 Selling expenses 97,000 Interest expense 1, 900 Depreciation for the period 10,000 Extraordinary item (casualty loss-pretax) 30,000 Cost of sales 300,000 Common stock (30,000 shares outstanding) 150,000 Required Prepare a single-step income statement for the year ended December 31, 2012. Include earnings per share for earnings before extraordinary items and net income. Prepare a multiple-step income statement. Include earnings per share for earnings before extraordinary items and net income