Retained earnings, January 1, 2017 $51,840 Advertising expense $ 1,944 Dividends during 2017 5,400 Rent expense 11,232 Service revenue 67,500 Utilities expense 3,348 Salaries and wages expense 30,240 After analyzing the data, prepare an income statement for the year ending December 31, 2017. LA GRECA CO. Income Statement For the Year Ended December 31, 2017 Revenues Service Revenue Expenses Total Expenses Net Income / (Loss)