- the business: Centerpiece Arrangements has just completed operations for the year ended December 31, 2024. This is the third year of operations for the company. The following data have been assembled for (Click the icon to view the assembled data.) Prepare the income statement of Centerpiece Arrangements for the year ended December 31, 2024. (If a box is not used in the table leave the box empty; do not select a label or enter a zero.) Net Income Data table Insurance Expense 4,500 Salaries Expense 46,000 Service Revenue 70,000 Accounts Payable 17,600 Utilities Expense 1,400 Office Supplies 1,700 Rent Expense 16,000 Right, Withdrawals 4,800 Right, Capital, Jan. 1, 2024 9,000 Accounts Receivable 8,000 Cash 7,200 Equipment 12,100 Owner contribution during the year 5,100 Print Done