Exercise 1-12 a1-a2 (Video) The following information relates to Oriole Co. for the year 2020. Owner's capital, January 1, 2020 Owner's drawings during 2020 Service revenue Salaries and wages expense $58,334 Advertising expense 7,292 Rent expense 77,293 Utilities expense 35,851 $2,188 12,639 3,767 After analyzing the data, prepare an income statement for the year ending December 31, 2020. ORIOLE cO. Income Statement