Centerpiece Arrangements has just completed operations for the year ended December 31, 2024. This is the third year of operations for the company. The following data have been assembled for the business: Insurance Expense $ 4,500 Salaries Expense $ 46,000 Service Revenue 70,000 Accounts Payable 17,600 Utilities Expense Rent Expense Common Stock 1,400 Office Supplies 1,700 16,000 Dividends 4,800 9,000 Accounts Receivable 8,000 Cash 7,200 Equipment 12,100 Retained Earnings, January 1, 2024 5,100 S-F:1-12 Preparing the income statement Prepare the income statement of Centerpiece Arrangements for the year ended December 31, 2024.