Problem 1-3A (Algo) Preparing an income statement LO P2

Use the following information for the Problems below. (Algo) [The following information applles to the questions displayed below.] As of December 31 of the current year, Armani Company's records show the following. Hint The owner invested $2,700 cash during the year. Prepare the income statement for Armani Company for the current year ended December 31. 1