The assets and liabilities of Post Maple Garden Supply, Inc., as of December 31, 2018, and...

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The assets and liabilities of Post Maple Garden Supply, Inc., as of December 31, 2018, and revenues and expenses for the year ended on that date are as follows: (Click the icon to view the account totals.) Read the requirements. Requirement 1. Prepare the income statement of Post Maple Garden Supply, Inc., for the year ended December 31, 2018. Let's begin the heading and then complete the rest of the statement. (If a box is not used in the financial statements leave the box empty; do not select a label or enter a zero. Use parentheses or a minus sign to enter a net loss.) Post Maple Garden Supply, Inc. Income Statement Year Ended December 31, 2018 i Data Table Revenue: Expenses: Net income (loss) Equipment Interest expense Interest payable. $ 117,000 Land.. $ 22,000 Accounts payable 10,000 Note payable 2,800 Property tax expense 21,000 Rent expense 99,300 7,300 40,200 Salary expense 108,900 Accounts receivable 84,400 Building 403,000 Service revenue 460,600 Cash 48,000 Supplies... 6,900 Common stock.. 16,800 Utilities expense 9,100 Beginning retained earnings was $364,300, and dividends declared and paid totaled $108,000 for the year. **Please be sure to explain how you get each answer. I especially want to know how to calculate revenue. I want to learn how you did it, not just the answers.** The assets and liabilities of Post Maple Garden Supply, Inc., as of December 31, 2018, and revenues and expenses for the year ended on that date are as follows: (Click the icon to view the account totals.) Read the requirements. Requirement 1. Prepare the income statement of Post Maple Garden Supply, Inc., for the year ended December 31, 2018. Let's begin the heading and then complete the rest of the statement. (If a box is not used in the financial statements leave the box empty; do not select a label or enter a zero. Use parentheses or a minus sign to enter a net loss.) Post Maple Garden Supply, Inc. Income Statement Year Ended December 31, 2018 i Data Table Revenue: Expenses: Net income (loss) Equipment Interest expense Interest payable. $ 117,000 Land.. $ 22,000 Accounts payable 10,000 Note payable 2,800 Property tax expense 21,000 Rent expense 99,300 7,300 40,200 Salary expense 108,900 Accounts receivable 84,400 Building 403,000 Service revenue 460,600 Cash 48,000 Supplies... 6,900 Common stock.. 16,800 Utilities expense 9,100 Beginning retained earnings was $364,300, and dividends declared and paid totaled $108,000 for the year. **Please be sure to explain how you get each answer. I especially want to know how to calculate revenue. I want to learn how you did it, not just the answers.**