please prepare a statement of income ASAP.

These items are taken from the financial statements of Sunland Limited for the year ended December 31, 2024: Long-term investments 23,800 Retained earnings, January 1 40,500 Dividends declared 4,200 Service revenue 229,800 Depreciation expense 6,000 Insurance expense 2,900 Salaries expense 173,300 Utilities expense 4,400 Interest expense 9,500 Interest income 700 Land 173,500 Mortgage payable 209.200 Additional information: 1. Sunland started the year with $29,800 of common shares and issued $23,800 more during the year. 2. Sunland must pay $41,800 of the mortgage payable next year in 2025 . (a1) Prepare a statement of income for the year. (Enter negative amounts using either a negative sign preceding the number eg. -45 o parentheseseg. (45).) These items are taken from the financial statements of Sunland Limited for the year ended December 31, 2024: Long-term investments 23,800 Retained earnings, January 1 40,500 Dividends declared 4,200 Service revenue 229,800 Depreciation expense 6,000 Insurance expense 2,900 Salaries expense 173,300 Utilities expense 4,400 Interest expense 9,500 Interest income 700 Land 173,500 Mortgage payable 209.200 Additional information: 1. Sunland started the year with $29,800 of common shares and issued $23,800 more during the year. 2. Sunland must pay $41,800 of the mortgage payable next year in 2025 . (a1) Prepare a statement of income for the year. (Enter negative amounts using either a negative sign preceding the number eg. -45 o parentheseseg. (45).)