The following information is for Wild Horse Inc. for the year ended December $31,2021$ Common shares January $1,$ $$24400$ common share issued during year $12,200$ Retained earnings January $1,70,760$ Office expense $1952$ Dividends declared $6100$ Rent expense $15128$ Service revenue $74420$ Utilities expense $2,928$ Salaries expense $$36600$ Income tax expense $$3660$ Prepare a statement of Income of the year. Enter negative amounts using either a negative sign preceding the number e$.$g$.$ minus.