The following information relates to Wildhorse Co. for the year 2022.

Owners capital, January 1, 2022		$ 53,923		Advertising expense		$ 2,022
Owners drawings during 2022		6,740		Rent expense		11,683
Service revenue		71,448		Utilities expense		3,483
Salaries and wages expense		33,140

(a1)

After analyzing the data, prepare an income statement for the year ending December 31, 2022.

WILDHORSE CO. Income Statement choose the accounting period December 31, 2022For the Month Ended December 31, 2022For the Year Ended December 31, 2022
select an opening name for section one DrawingsExpensesNet Income / (Loss)Owners Capital, January 1Owners Capital, December 31RevenuesTotal ExpensesTotal RevenuesInvestment
enter an income statement item		$ enter a dollar amount
select an opening name for section two DrawingsExpensesNet Income / (Loss)Owners Capital, January 1Owners Capital, December 31RevenuesTotal ExpensesTotal RevenuesInvestment
enter an income statement item	$ enter a dollar amount
enter an income statement item	enter a dollar amount
enter an income statement item	enter a dollar amount
enter an income statement item	enter a dollar amount
select a closing name for section two DrawingsExpensesNet Income / (Loss)Owners Capital, January 1Owners Capital, December 31RevenuesTotal ExpensesTotal RevenuesInvestment		enter a total amount for section two
select a closing name for this statement DrawingsExpensesNet Income / (Loss)Owners Capital, January 1Owners Capital, December 31RevenuesTotal ExpensesTotal RevenuesInvestment		$ enter a total net income or loss amount