Boilermaker Unlimited specializes in building new homes and remodeling existing homes. Remodeling projects include adding game rooms, changing kitchen cabinets and countertops, and updating bathrooms. Below is the year-end adjusted trial balance of Boilermaker Unlimited. BOILERMAKERUNLIMITED Adjusted Trial Balance December 31, 2018 Accounts Debits S Credits Cash 14,600 Accounts Receivable 25.400 Supplies Prepaid Insurance Equipment Accumulated Depreciation Accounts Payable Salaries Payable Utilities Payable Notes Payable (due in 5 years) Common Stock 32.400 5,600 450,000 $ 144,000 29,600 26,600 3,600 140,000 130,000 24,400 Retained Earnings 24,600 Dividends 380,000 Service Revenue-new construction Service Revenue-remodeling Salaries Expense Supplies Expense Depreciation Expense Insurance Expense Utilities Expense Interest Expense Service Fee Expense 259,000 146,000 271.000 36,000 23,600 40,600 8,400 59,000 Totals $1,137.200 $1,137,200 Required: 1. Prepare an income statement for the year ended December 31, 2018