Prepare an income statement for Hansen Realty for the year ended December 31, 2017. Beginning inventory was $1,252. Ending inventory was $1,604. Sales Sales returns and allowances Sales discount Purchases Purchase discounts Depreciation expense Salary expense Insurance expense Utilities expense Plumbing expense Rent expense $35,300 1,096 1,156 10,712 544 119 5,400 2.800 214 254 184 HANSEN REALTY Income Statement For Year Ended December 31, 2017 $ 0 Gross profit from sales Operating expenses