Complete this question by entering your answers in the tabs below. Income Statements Statements of Balance Changes Sheets Statements of Cash Flows Assume that the company closes its books on December 31 of each year. Prepare an income statement for the Year 1, Year 2, Year 3, and Year 4 accounting periods. (Enter amounts to be deducted with a minus sign.) OZ COMPANY Income Statements For the Year Ended December 31 Year 1 Year 2 Year 3 Year 4 Lease revenue Interest expense Operating income $ 19,000 $ 19,000 $ 19,000 $ 19,000 (15,960) (15,960) (15,960) (15,960) $ 3,040 $ 3,040 $ 3,040 $ 3,040 Nonoperating income/expense Gain on sale of land Loss on bond redemption Net loss 0 0 0 1,000 0 0 0 (1,740) $ 3,040 3,040 $ 3,040 $ 2,300 < Income Statements Statements of Changes >