As of December $31$ of the current year, Armani Company's records show the following.Required: Prepare the income statement for Armani Company for the current year ended December $\backslash (31.\backslash )$Required: Prepare the income statement for Armani Company for the current year ended December $\backslash (31.\backslash )!$

Required information

$[$The following information applies to the questions displayed below.$]$

As of December $31$ of the current year, Armani Company's records show the following. Hint. The owner invested $$1,700$

cash during the year.

Required:

Prepare the income statement for Armani Company for the current year ended December $31.$