Question
! Required information [The following information applies to the questions displayed below.] As of December 31 of the current year, Armani Company's records show
! Required information [The following information applies to the questions displayed below.] As of December 31 of the current year, Armani Company's records show the following. Cash Accounts receivable Supplies Equipment Accounts payable Common stock Retained earnings, December 31, prior year Retained earnings, December 31, current year Dividends Consulting revenue Rental revenue Salaries expense Rent expense Selling and administrative expenses $ 10,900 9,900 6,900 5,900 12,800 14,900 3,900 5,900 13,900 34,800 23,800 20,900 12,900 8,900 Required: Prepare the income statement for Armani Company for the current year ended December 31.
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