Data table Insurance Expense 3,500 Salaries Expense $ 44,000 Service Revenue 74,000 Accounts Payable 20,800 Utilities Expense 800 Office Supplies 1,900 Rent Expense 12,000 Dividends 4,100 Common Stock 8,500 Accounts Receivable 6,000 Cash 3,800 Equipment 31,900 Retained Earnings, January 1, 2024 4,700 - X Flower Petal Arrangements has just completed operations for the year ended December 31, 2024. This is been assembled for the business: (Click the icon to view the assembled data of Flower Petal Arrangements.) Prepare the income statement of Flower Petal Arrangements for the year ended December 31, 2024. (If a enter a zero.) Revenues: Service Revenue Expenses: Insurance Expense Utilities Expense Rent Expense Salaries Expense Accounts Payable Total Expenses Net Income Flower Petal Arrangements Balance Sheet December 31, 2024 6,000 www 74,000