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This information relates to Coronado Industries for the year 2017. Retained earnings, January 1, 2017 $81,740 Advertising expense 2,196 Dividends 7,320 Rent expense 12,688 Service

This information relates to Coronado Industries for the year 2017.
Retained earnings, January 1, 2017 $81,740
Advertising expense 2,196
Dividends 7,320
Rent expense 12,688
Service revenue 70,760
Utilities expense 2,928
Salaries and wages expense 36,600

After analyzing the data, prepare an income statement for the year ending December 31, 2017.

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