Q2: Selected balances for the accounts of Petra Maintenance Corporation for the year ended December 31, 2019 are shown below. Accounts payable........... Accounts receivable......... Cash............... Maintenance supplies....... $6,500 Wages expense.. 9,500 Rent expense...... 98,000 36,000 6,000 1,200 Land. 200 Tax expense... Share Capital....... Maintenance revenue.... 125,000 Insurance expense... 21,500 Interest Revenue.... 98,700 Retained earnings 175,000 Dividends.......... 5,400 20,000 8,000 Required: Prepare the income statement for the year ended December 31, 2019