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JU Orare company's only asset as of January 1, 2017, was a limousine. During 2017, only the following three transactions occurred! Services of $107,800 were

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JU Orare company's only asset as of January 1, 2017, was a limousine. During 2017, only the following three transactions occurred! Services of $107,800 were provided on account. All accounts receivable were collected. Depreciation on the limousine was $19,400. Required: 1. Develop an income statement for O'hare for 2017. O'hare Company Income Statement For The Year Ended December 31, 2017

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