Information Related to Batavia Furniture Company for the Year Ended

Information related to Batavia Furniture Company for the year ended December 31,2012,follows. $\begin{array}{llcc} \text { Cost of Goods Sold } & \$70,000 \\ \text {Dividends Declared } &5,000\\ \text { Flood Loss (pre-tax)} &12,000\\ \text { General Expense} &8,000\\ \text {Other Income } &9,000\\ \text { Other Expense } &11,000\\ \text {Retained Earnings, January 1, 2010 } &116,000\\ \text { Sales } &131,000\\ \text { Selling Expense } &7,000\\\end{array}$

Required:
Prepare in good form a multiple-step income statement for the year 2012.Assume a 50% tax rate and that 5,000 shares of common stock were outstanding during the year.