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These items are taken from the financial statements of Ivanhoe Corporation for the year ended December 31, 2024 Additional information: 1. Ivanhoe started the year with $63,000 of common shares and issued $21,000 of common shares during the year. 2. Ivanhoe must pay $7,700 of the bank loan payable in 2025 . Question 4 of 6 120 Buildings 91,000 Depreciation expense Accounts payable Equipment Dividends declared Accumulated depreciation-buildings Interest income Cash Repairs and maintenance expense Prepaid insurance Bank loan payable, due 2029 Service revenue Accumulated depreciation-equipment Utilities expense Income tax expense 3,920 16,800 63,000 5,600 24,500 840 23,800 5,180 3,360 42,000 235,060 25,900 2,380 0 IVANHOE CORPORATLON Statement of Income Year Ended December 31, 2024 Revenues Service Revenue $235,060 Total Revenues $ Question 4 of 6 120 eTextbook and Media List of Accounts Save for Later Last saved 1 second ago. Attempts: 0 of 3 used Submit