Prepare an income statement for Hansen Realty for the year ended December 31, 2017 Beginning inventory was $1.263. Ending Inventory was $1.615 Sales Sales returns and allowances Sales Discount Purchases Purchase discounts Depreciation expense Salary expense Insurance expense Utilities expense Plumbing expense Rent expense $36,400 1,107 1.167 11,262 555 130 5,95 3,350 225 265 195 HANSEN REALTY Income Statement For Year Ended December 31, 2017 Gross profit from sales Operating expenses: $ 0 Total operating expenses 0 $ 0