Saved Home Realty, Incorporated, has been operating for three years and is owned by three investors. J. Doe owns 60 percent of the 13,500 total outstanding shares and is the managing executive in charge. On December 31, 2017, the following financial items for the entire year were determined: sales revenue, $350,000, seling expenses. $203.000, interest expense, 516,000, promotion and advertising expenses, 59150 and income tax expense, $42,650. Also during the year, the company declared and paid the owners dividends amounting to $16.200 Required: Prepare the company's income statement HOME REALTY, INCORPORATED Income Statement For the Year Ended December 31, 2017 Revenue Expenses Total expenses E e