As of December 31, 2018, Armani Company?s financial records show the following items and amounts.

Required

Prepare the 2018 year-end income statement for Armani Company.

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$10,000 9,000 $ 6,000 13,000 33,000 22,000 20,000 Retained earnings, Dec. 31,2018. Dividends Consulting revenue Rental revenue.. Cash. Accounts receivable. Supplies. Equipment. Accounts payable. 6,000 5,000 11,000 13,000 4,000 Salarles expense Rent expense .. Selling and administrative expenses. Common stock. Retained earnings, Dec. 31, 2017. 12,000 8,000