As of December 31 of the current year, Armani Company's records show the following.

Cash Accounts receivable Supplies Equipment $ 12,000 11,000 8.000 7.000 Accounts payable 15,000 Common stock 16,000 Retained earnings, December 31, prior year 5,000 Retained earnings, December 31, current year 7,000 Dividends 15,000 Consulting revenue 37,000 Rental revenue 26,000 Salaries expense 22,000 Rent expense 14,000 Selling and administrative expens 10,000 Required: Prepare the income statement for Armani Company for the current year ended Decembe Revenues Total revenues Expenses ARMANI COMPANY Income Statement For Current Year Ended December 31 69 $ 0 0 Total expenses