The Potomac Hotel asked you to help prepare income statement for 2023. The following infomration is provided to you as of December 31, 2023. Account Tile Account Balance Insurance $5,000 Administrative & General 130,000 Salaries and Wages - Rooms 180,000 Salaries and Wages - Food 146,000 Supplies - Food 20,000 Rental Income Food Purchase Room Revenue Interest Income 38,000 55,000 1,380,000 1,000 Interest Expense 21,000 Beginning inventory 2,000 Cost of Food Sold ? Ending inventory 3000 Information & Telecommunication 32,000 Food Revenue 380,000 Marketing 110,000 Property Operation & Maintenance (POM) 43,000 Depreciation 30,000 Rent expense 18,000 Water 14,200 Heat 15,000 Power & Lights 12,000 Supplies and Other - Rooms 30,000 Property Taxes 12,000 Income tax 21% Requied: Prepare an income statement for 2023 for the Potomac Hotel