Exercise 1-12 al-a2 (Part Level Submission) (Video) The following information relates to Fleete Co. for the year 2020. Owner's capital, January 1, 2020 $42,000 Advertising expense $ 1,800 Owner's drawings during 2020 6,000 Rent expense 10,400 Service revenue 63,600 Utilities expense 3,100 Salaries and wages expense 30,200 (ai) After analyzing the data, prepare an income statement for the year ending December 31, 2020. FLEETE CO. Income Statement $