Assign Requirement 1. Prepare the company's income statement for the year ended December 31, 2018. (If a box is not select a label or enter a zero. Use a minus sign or parentheses to show a net loss.) Do Hor Brinney Irrigation System Income Statement Take a Year Ended December 31, 2018 Brinney Irrigation System Adjusted Trial Balance December 31, 2018 Balance Debit Credit Account Title $ Cash 12,800 Accounts Receivable 48,500 13,800 4.700 61,000 $ 24,300 Office Supplies Prepaid Insurance Building Accumulated Depreciation Building Equipment Accumulated Depreciation Equipment Accounts Payable Interest Payable Salaries Payable 24,000 6,900 35.900 400 4.200 35,900 Accounts Payable Interest Payable Salaries Payable 400 4,200 Unearned Revenue 1,500 Notes Payable (long-term) 14,750 Common Stock Retained Earnings 21,000 15,000 Dividends 2,600 Service Revenue 65,000 600 Insurance Expense Salaries Expense Supplies Expense Interest Expense Depreciation Expense Equipment 16,300 850 400 2,100 1,300 Depreciation Expense Building Total $ 188,950 $ 188,950