Required information The following information applies to the questions displayed below. Doyle Company issued $310,000 of 10-year, 7 percent bonds on January 1, 2018. The bonds were issued at face value Interest is payable in cash on December 31 of each year. Doyle immediately invested the proceeds from the bond issue in land. The land was leased for an annual $58,000 of cash revenue, which was collected on December 31 of each year, beginning December 31, 2018. b. Prepare the income statement, balance sheet, and statement of cash flows for 2018 and 2019. Complete this question by entering your answers in the tabs below. Req B Inc Req B BaReq B Stmt Sheet Stmt Cash Flows Prepare the income statement for 2018 and 2019. DOYLE COMPANY Income Statements For the Year Ended December 31 2018 2019 Req B Inc Stmt Req B Bal Sheet> Req B IncReq B B Sheet Req B Stmt Cash Flows Stmt Prepare the income statement for 2018 and 2019 DOYLE COMPANY Income Statements For the Year Ended December 31 2018 2019 Interest expense Lease revenue Salaries expense Utility expense Balance Sheet As of December 31 2018 2019 Assets Total assets Liabilities Total liabilities 0 0 Stockholders' equity Total stockholders' equity Total liabilities and stockholders' equity 0 0 0 For the Year Ended December 31 2018 2019 Cash flows from operating activities Net cash flow from operating activities Cash flows from investing activities 0 Net cash flows from investing activities Cash flows from financing activities 0 0 Net cash flows from financing activities Net change in cash 0 0 0 0 nl s