of 3 Required information [The following information applies to the questions displayed below.] As of December 31 of the current year, Armani Company's records show the following. Cash Accounts receivable Supplies Equipment ed Accounts payable Common stock k ces Retained earnings, December 31, prior year Retained earnings, December 31, current year Dividends Consulting revenue Rental revenue Salaries expense Rent expense Selling and administrative expenses $ 11,400 10,400 7,400 6,400 13,800 15,400 4,400 6,400 14,400 35,880 24,800 21,400 13,400 9,400 Required: Prepare the income statement for Armani Company for the current year ended December 31.