Home Realty, Incorporated, has been operating for three years and is owned by three investors. J Doe owns 60 percent of the 8.500 total outstanding shares and is the managing executive in charge. On December 31, 2020, the following financial items for the entire year were determined: sales revenue, $246,000; selling expenses, 5142680, Interest expense S14700: promotion and advertising expenses $11.200, and income tax expense $27100. Also during the year the company declared and pold the owners dividends amounting to $10.200 Required: Prepare the company's income statement HOME REALITY, INCORPORATED Income Statement For the Year Ended December 31, 2020 Rov EXOSOS Total expenses