Prepare an income statement for Hansen Realty for the year ended December 31, 2023. Beginning inventory was $1,244. Ending inventory was $1,596. Note: Input all amounts as positive values. Sales Sales returns and allowances Sales discount Purchases Purchase discounts Depreciation expense Salary expense Insurance expense Utilities expense Plumbing expense Rent expense $ 34,500 1,088 1,148 10,312 536 111 5,000 2,400 206 246 176 HANSEN REALTY Income Statement For Year Ended December 31, 2023 Gross profit from sales Operating expenses: Cost of merchandise (goods) sold Depreciation Insurance Net sales Plumbing Rent $ 0 0 $ 0