These ledger balances are all normal and were taken from the financial statements of Emax Corp. as at December 31, 2018 (unless otherwise indicated), their financial year end. Interest Revenue $4,100 Utilities Expense 1,900 Unearned Revenue 2,050 Accounts Payable 24,000 Land 125,000 Cash 43,000 Common shares, Jan 1, 2018 20,000 Goodwill 11,000 Service Revenue 93,000 Patents 12,500 Depreciation expense Accounts Receivable Retained Earnings Salaries Expense Accumulated depreciation - equipment Income tax Expense Supplies Mortgage Payable Long-term Investments Maintenance Expense $7,000 5,000 160,000 25,000 12,000 7,500 200 36,650 22,500 3,000 Additional information: i) $5,000 of the Mortgage Payable is due to be repaid within the next year. ii) $13,000 of common shares were issued during the year, prior to December 31, 2018. iii) Original cost of Equipment was $48,500. iv) $3,000 in cash dividends were paid to common shareholders at the end of the year. v) The Retained Earnings balance is a final calculation for the year. a. Prepare and submit an Income Statement for the financial year in good form