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Required information As of December 31, 2019, Armani Companys financial records show the following items and amounts. Cash $ 11,400 Accounts receivable 10,400 Supplies 7,400

Required information

As of December 31, 2019, Armani Companys financial records show the following items and amounts.

Cash

$

11,400

Accounts receivable

10,400

Supplies

7,400

Equipment

6,400

Accounts payable

13,800

Common stock

15,400

Retained earnings, Dec. 31, 2018

4,400

Retained earnings, Dec. 31, 2019

6,400

Dividends

14,400

Consulting revenue

35,800

Rental revenue

24,800

Salaries expense

21,400

Rent expense

13,400

Selling and administrative expenses

9,400

Required: Prepare the 2019 year-end income statement for Armani Company.

ARMANI COMPANY

Income Statement

For Year Ended December 31, 2019

Revenues

$0

Expenses

Total expenses

0

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