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The following information relates to Armanda Co. for the year 2017. Owner's capital, January 1, 2017 $71,126 Advertising expense $ 2,667 Owner's drawings during 2017

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The following information relates to Armanda Co. for the year 2017. Owner's capital, January 1, 2017 $71,126 Advertising expense $ 2,667 Owner's drawings during 2017 8,891 Rent expense 15,411 Service revenue 94,242 Utilities expense 4,594 Salaries and wages expense 43,713 (a1) After analyzing the data, prepare an income statement for the year ending December 31, 2017 ARMANDA CO. Income Statement

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