Prepare an income statement for Hansen Realty for the year ended December 31, 2017. Beginning inventory was $1.255. Ending inventory was $1.607. Sales Sales returns and allowances Sales discount Purchases Purchase discounts Depreciation expense Salary expense Insurance expense Utilities expense Plumbing expense Rent expense $35,6ee 1,099 1,159 10,862 547 122 5,550 2,950 217 257 187 HANSEN REALTY Income Statement For Year Ended December 31, 2017 Gross profit from sales Operating expenses: Total operating expenses