Can you create an Income Statement for Dec. 31 2022?
	Debit	Credit
Accounts payable ........................................................		$180,000
Accounts receivable ....................................................	$600,000
Other Accrued liabilities		$100,000
Accumulated depreciation .................		$300,000
Additional paid-in capital ............................................		$260,000
Allowance for doubtful accounts ................................		$100,000
Cash .............................................................................	$500,000
Common stock, $10 par ..............................................		$320,000
Long-term bonds payable ........................................		$200,000
Inventories ..................................................................	$850,000
Short-term Investment securities (reported at market; cost, $142,000) .............................................
$150,000
Note payable, 5-year ..................................................		$600,000
Property and equipment ............................................	$820,000
Retained earnings .......................................................		$890,000
Revenue ..		$500,000
Cost of Goods Sold ..	$350,000
Salaries expense	$80,000
Rent expense ..	$32,000
Advertising expense ...	$8,000
Dividends ...	$60,000
Totals	3,450,000	3,450,000