On December 31, Fighting Okra Cooking Services reports the following revenues and expenses. $ Service revenue Postage expense Legal fees expense Rent expense Salaries expense Supplies expense 71,000 1,100 2,100 10,000 19,000 10,000 In addition, the balance of common stock at the beginning of the year was $150,000, and the balance of retained earnings was $26,000. During the year, the company issued additional shares of common stock for $20,000 and paid dividends of $10,000. Required: 1. Prepare an income statement. FIGHTING OKRA COOKING SERVICES Income Statement Expenses