Marigold Rides Inc has a March $31,2024,$ fiscal year end and a $35\%$ income tax rate. The following information is available for its $2024$ year end:

$1$ Performed $$898,000$ service revenue and paid $$349,000$ in salaries. Interest expense was $$13,800.$

$2.$ Paid dividends in December $2023$ of $$14,100$ that had been declared in November $2023.$

$3.$ On March $10,2024.$ declared dividends of $$19\mathrm{.}600$ payable April $30,2024.$

$4.$ Recorded and remitted income taxes of $$168\mathrm{.}000($related to $2024$ fiscal year$)$ during the year.

$5.$ Issued common shares for $$15,600$ on January $31,2024.$

$6.$ Retained earnings balance on April $1,2023$ was $$70,000.$

Prepare an income statement.

MARIGOLD RIDESINC.

Income Statement