estion completion Status: On January 1 of the current year, Victoria Garza, the sole stockholder, began Garza Dcor with an initial investme common stock. On December 31, her records showed the following items and amounts. Accounts payable Accounts receivable Cash Dividends Fees earned Notes payable $12,000 19,000 21,200 6,000 34,000 Office Furnishings Rent expense Salaries expense Telephone expense Common stock $40,000 9,600 4,200 250 50,000 4,250 Required: From the information given above, prepare an income statement for the year ended December 31