• Income Tax expense 4,000, Rent expense 2500, Utilities 1500, retained earnings 2000, assets 6500, salaries expense 3500, sales revenue 15500, cost of goods sold 4500. Requirement: Prepare the income statement.
• 

Current Attempt in Progress This information relates to Ivanhoe Co. for the year 2025. Retained earnings, January 1, 2025 $87,100 Advertising expense 2,340 Dividends 7,800 Rent expense 13,500 Service revenue 75,400 A Utilities expense 3,120 Salaries and wages expense 39,000