1 [15 marks] South Africa Corporation has been in the business of delivering small packages for local companies within the City of Tshwane, since the year 2000. The following information concerning financial activities during 2022 is available as at 31 December 2022: Delivery revenue R380,000 Salary and wage expense R82,000 Dividends declared and paid 85,000 Rent expense 43,000 Buildings 140,000 Land 60,000 Accounts Receivables 40,000 Accounts Payable 30,000 Capital stock 105,000 Retained earnings, Water, gas, and 1 January 2022 42,000 Electricity 28,000 Notes payable 34,000 Cash 56,000 Income tax expense 18,000 1. Prepare an income statement for the year ended 31 December 2022