1. Prepare Town and Country Realty's income statement for the year ended December 31, 2024. Data Table Land $ 7,000 $ Common Stock 26,000 36,000 18,000 Notes Payable Property Tax Expense Dividends 2,500 1,500 34,000 Accounts Payable Accounts Receivable Advertising Expense Building Cash 21,000 163.800 Rent Expense 11,000 68,000 2,200 1,800 15,000 Salaries Expense Salaries Payable Service Revenue Office Supplies Retained Earnings, Dec. 31, 2023 215,000 Equipment Insurance Expense Interest Expense 1,600 17,000 7,200 55,000 ne Print Done