Black Hat Sound Studio has just completed operations for the year ended December 31, 2019. This is the third year of operations for the company. As the owner, you want to know how well the company performed during the year. To address this question, you have assembled the data below. Use this data to prepare the income statement of Black Hat Sound Studio for the year ended December 31, 2019. Prepare the income statement of Black Hat Sound Studio for the year ended December 31, 2019. First complete the heading and then complete the income statement. (Use parentheses or a minus sign for a net loss.) $ 46,000 8,200 Insurance Expense $ 2,600 Salaries Expense Service Revenue 153,000 Accounts Payable Supplies Expense 950Supplies Rent Expense 20,000 Withdrawals 2,600 38,000 Black Hat Sound Studio December 31, 2019 For the Month Ended December 31, 2019 For the Year Ended December 31, 2019 Income Statement