$\backslash$table$[[$Accounts receivable,$9,800],[$Supplies$,6,800],[$Equipment$,5,800],[$Accounts payable,$12,600],[$Armani$,$ Capital, December $31,$ prior year,$16,800],[$Armani$,$ Capital, December $31,$ current year,$20,600],[$Armani$,$ Withdrawals,$13,800],[$Consulting revenue,$34,600],[$Rental revenue,$23,600],[$Salaries expense,$20,800],[$Rent expense,$12,800],[$Selling and administrative expenses,$8,800]]$

Required:

Prepare the income statement for Armani Company for the current year ended December $31.$

$\backslash$table$[[$ARMANI COMPANY,$],[$Income Statement,$],[$For Current Year Ended December $31,,],[,,],[,,],[$Total revenues,,$],[$Expenses$,,],[,,],[,,],[,,],[,,],[$Total expenses,,$],[,,]]$As of December $31$ of the current year, Armani Company$$s records show the following. Hint: The owner invested $$1,800$ cash during the year.

Cash $ $10,800$

Accounts receivable $9,800$

Supplies $6,800$

Equipment $5,800$

Accounts payable $12,600$

Armani, Capital, December $31,$ prior year $16,800$

Armani, Capital, December $31,$ current year $20,600$

Armani, Withdrawals $13,800$

Consulting revenue $34,600$

Rental revenue $23,600$

Salaries expense $20,800$

Rent expense $12,800$

Selling and administrative expenses $8,800$

Required:

Prepare the income statement for Armani Company for the current year ended December $31.$