Split Second Wireless In. began 2020 with total assets of ($ 110) million and ended 2020 with

Split Second Wireless Inć. began 2020 with total assets of \(\$ 110\) million and ended 2020 with assets of \(\$ 160\) million. During 2020, Split Second earned revenues of \(\$ 90\) million and had expenses of \(\$ 20\) million. Split Second paid dividends of \(\$ 10\) million in 2020. Prepare the company's income statement for the year ended December 31, 2020, complete with the appropriate heading.