Just need help with the net income portion. Please and thank you!

Problem 1-4A Preparing a statement of owner's equity LO P2 As of December 31, 2017, Armani Company's financial records show the following items and amounts. $11,000 10,000 7,000 6,000 Cash Accounts receivable Supplies Equipment Accounts payable A. Armani, Capital, Dec. 31, 2016 A. Armani, Capital, Dec. 31, 2017 A. Armani, Withdrawals Consulting revenue Rental revenue Salaries expense Rent expense Selling and administrative expenses 25,000 5,000 9,000 14,000 35,000 24,000 21,000 13,000 9,000 Required: Prepare a yearend statement of owner's equity for Armani Company. Hint. Notice the owner invested $2,000 cash during the year. ARMANI COMPANY Statement of Owner's Equity For Year Ended December 31, 2017 A. Armani, Capital, December 31, 2016 $ Add: Owner's investment 5,000 2,000 Add: Net income 7,000 14,000 Less: Withdrawals by Owner A. Armani, Capital, December 31, 2017