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Multi-step Income Statement; reconcile retained earnings

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From the following information from the accounting records of Consolidated Can, prepare a multistep income statement and a reconciliation of retained earnings for the year ended December 31, 2008.

Cost of Products Sold $410,000
Dividends $3,000
Extraordinary gain (net of tax) $1,000
Income taxes $9,300
Interest expense $8,700
Other Income $1,600
Retained Earnings Jan 1, 2008 $270,000
Sales $480,000
Selling and administrative expense $42,000

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Response helps in discussing multi-step Income Statement; reconcile retained earnings

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