The following items and amounts were taken from Tamarisk, Inc.s 2017 income statement and balance sheet.

Cash		$ 87,600
Retained earnings		121,100
Cost of goods sold		437,800
Salaries and wages expense		116,700
Prepaid insurance		7,900
Inventory		64,100
Accounts receivable		88,700
Sales revenue		587,700
Notes payable		6,200
Accounts payable		54,700
Service revenue		4,900
Interest expense		1,700

Prepare an income statement for Tamarisk, Inc. for the year ended December 31, 2017.