Bozeman Corporation was started with the issue of 5,400 shares of $11 par common stock for cash on January 1, 2014. The stock was issued at a market price of $18 per share. During 2014, the company earned $57,050 in cash revenues and paid $38,224 for cash expenses. Also a $3,200 cash dividend was paid to the stockholders. Required Prepare an income statement for Bozeman Corporation's 2014 fiscal year. BOZEMAN CORPORATION Income Statement For the Year Ended December 31, 2014 Revenues Expenses Net income $ 57,050 (38,224) S 18,826