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Required information As of December 31, 2019, Armani Company's financial records show the following items and amounts. Cash $11,800 Accounts receivable 10, 800 Supplies

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Required information As of December 31, 2019, Armani Company's financial records show the following items and amounts. Cash $11,800 Accounts receivable 10, 800 Supplies 7,800 Equipment 6,800 Accounts payable 14,000 Common stock 15,800 Retained earnings, Dec. 31, 2018 4,800 Retained earnings, Dec. 31, 2019 6,800 Dividends 14,000 Consulting revenue 36,600 Rental revenue 25,600 Salaries expense 21,800 Rent expense Selling and administrative expenses 13,800 9.800 Required: Prepare the 2019 year-end income statement for Armani Company

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