Create an income statement Cash $$20,000$Construction equipment $$162,500$Accumulated depreciation$-$ construction equipment $($$$21,085\mathrm{.}71)$ Vehicles $$550,000$Accumulated depreciation$-$ vehicles $($$$109,166\mathrm{.}67)$ Right of use asset $$510,800$Accumulated Amortization$-$ Right of use asset $($$$14,188\mathrm{.}89)$ Long$-$term investments and intangibles $$115,000$Accumulated amortization$-$ intangibles $($$$24,000)$ Bank loan $$350,000$Lease liability $$510,800$ Interest payable $$7,525$ Retained earnings $$429,000$ Rent expense $$14,188\mathrm{.}89$ Interest expense $$7,525$ Depreciation expense $$33,452\mathrm{.}38$ Impairment expense $$50,000$Loss on disposal of equipment $$2,300$