The assets, liabilities, owner's equity, revenues, and expenses of Pope Company, a proprietorship, have the following final balances at December 31,2023 , the end of its first year of business. To start the business, Brett Pope invested $108,000 (Click the icon to view the financial data.) Required 1. Prepare the income statement of Pope Company for the year ended December 31, 2023. What is Pope Company's net income or net loss for 2023? (Hint: Ignore balance sheet items.) Compute the missing amounts for each of the following businesses. (Click the icon to view the account balances.) Here are the amounts for the beginning assets and liabilities. Using the information given for the ending assets and liabilities, complete the empty box. Using the information given for the owner's equity, complete the empty box. The assets, liabilities, owner's equity, revenues, and expenses of Pope Company, a proprietorship, have the following final balances at December 31,2023 , the end of its first year of business. To start the business, Brett Pope invested $108,000 (Click the icon to view the financial data.) Required 1. Prepare the income statement of Pope Company for the year ended December 31, 2023. What is Pope Company's net income or net loss for 2023? (Hint: Ignore balance sheet items.) Compute the missing amounts for each of the following businesses. (Click the icon to view the account balances.) Here are the amounts for the beginning assets and liabilities. Using the information given for the ending assets and liabilities, complete the empty box. Using the information given for the owner's equity, complete the empty box