Paragraph The records of Entrada Company show the following information as of December 31, 201X: Cash Accounts receivable Supplies Equipment Accounts payable Common Stock Retained eamings at beg of year 201x Dividends Service revenue Rental revenue Salaries expense Utilities expense Insurance expense Rent expense Taxes expense $11,000 8,000 5,000 6,000 11,000 13,000 4,000 13,000 32,000 23,000 18,000 4,000 3,000 10,000 5,000 Part 1. Prepare the income statement for the year ended Dec 31, 201X in good form. Includes proper headings subtotals, etc. (Check: Net income should be a number greater than $13,000 but less than $18,000) (4 points)