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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

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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: E (Click the icon to view the assembled data of Centerpiece Arrangements.) Prepare the income statement of Centerpiece Arrangements for the year ended December 31, 2024. (If a box is not used in the table leave the box empty; do not select a label or enter a zero.) Data Table Insurance Expense $ 4,500 $ 46,000 Service Revenue 70,000 Salaries Expense Accounts Payable Office Supplies 17,600 1,400 1,700 Utilities Expense Rent Expense 16,000 Dividends 4,800 Common Stock 9,000 Accounts Receivable 8,000 Cash 7,200 Equipment 12,100 Retained Earnings, January 1, 2024 5,100 Print Done Net Income

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