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As of December 31, 2019, Armani Company's financial records show the following items and amounts. 1 1 Part 2 Cash Accounts receivable Supplies Equipment Accounts

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As of December 31, 2019, Armani Company's financial records show the following items and amounts. 1 1 Part 2 Cash Accounts receivable Supplies Equipment Accounts payable A. Armani, Capital, Dec. 31, 2018 A. Armani, Capital, Dec. 31, 2019 A. Armani, withdrawals Consulting revenue Rental revenue Salaries expense Rent expense Selling and administrative expenses $11,000 10,000 7,000 6,000 13,000 17,000 21,200 14,000 35,000 24,000 21,000 13,000 9,000 Required: Prepare the 2019 year-end income statement for Armani Company ARMANI COMPANY Income Statement For Year Ended December 31, 2019 Revenues Expenses Prev of 5 # $ 2 3 4 5 6 & 7 00 W 9 0 E R . Y U 0 . S D F G H L N C V B N I

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