Presented here are the accounts of Hometown Decor Company for the year ended December 31, 2016. 1. Prepare Hometown Decor Company's income statement. Click the icon to view the accounts.) 2. Prepare the statement of owner's equity. 3. Prepare the balance sheet. Requirement 1. Prepare Hometown Decor Company's income statement Net Income Choose from any list or enter any number in the input fields and then click Check Answer. parts remaining Clear All Check Answer $11,000 Owner contribution, 2016 $ 30,000 Land Notes Payable 32,000 Accounts Payable 10,000 Property Tax Expense 3,300 Accounts Receivable 1,600 28,000 Advertising Expense Wineport, Withdrawals 17,000 9,000 Building 156,500 Rent Expense Salaries Expense 2,700 60,000 Cash Salaries Payable 1,300 Equipment 13,000 192,000 Insurance Expense 1,900 Service Revenue Office Supplies 14,000 Interest Expense 7,300 Wineport, Capital, 12/31/15 60,000