Tony and Suzie have purchased land for a new camp. Now they need money to build the cabins, dining facility, a ropes course, and an outdoor swimming pool. Tony and Suzie first checked with Summit Bank to see if they could borrow an additional $1 million, but unfortunately the bank turned them down as too risky. Undeterred, they promoted their idea to close friends they had made through the outdoor clinics and TEAM events. They decided to go ahead and sell shares of stock in the company to raise the additional funds for the camp. Great Adventures has authorized $1 par value common stock. When the company began on July 1, 2021, Tony and Suzie each purchased 10,000 shares (20,000 shares total) of $1 par value common stock at $1 per share. The following transactions affect stockholders equity during the remainder of 2022:

November	5		Issue an additional 128,000 shares of common stock for $10 per share.
November	16		Purchase 12,800 shares of its own common stock (i.e., treasury stock) for $29 per share.
November	24		Resell 6,800 shares of treasury stock at $30 per share.
December	1		Declare a cash dividend on its common stock of $14,200 ($0.10 per share) to all stockholders of record on December 15.
December	20		Pay the cash dividend declared on December 1.
December	31		Pay $870,000 for construction of new cabins and other facilities. The entire expenditure is recorded in the Buildings account.

What is the income statement?

Trial Balance December 31, 2022 Account Title Debit Credit $ Cash Accounts Receivable Allowance for Uncollectible Accounts 300,770 52,800 2,680 9,800 1,180 780,000 90,840 28,050 870,000 Inventory Prepaid Insurance Land Equipment Accumulated Depreciation Buildings Accounts Payable Interest Payable Income Tax Payable Deferred Revenue Notes Payable (Current) Notes Payable (Long-term) Contingent Liability Warranty Liability Common Stock 23,600 1,450 15,900 7,800 76,301 733,955 14,800 6,800 148,000 Treasury Stock 174,000 Additional Paid-in Capital Retained Earnings Total 1,158,800 61,254 2,279,390 $ 2,279,390 $ Income Statement For the Period Ended December 31, 2022 $ 0 oo 0 0 0 Net Sales 0 0 Gross Profit $ 0 Operating Expense 0 0 O 0 0 0 0 0 Oo 0 Total Operating Expenses Operating Income (Loss) 0 0 0 0 Trial Balance December 31, 2022 Account Title Debit Credit $ Cash Accounts Receivable Allowance for Uncollectible Accounts 300,770 52,800 2,680 9,800 1,180 780,000 90,840 28,050 870,000 Inventory Prepaid Insurance Land Equipment Accumulated Depreciation Buildings Accounts Payable Interest Payable Income Tax Payable Deferred Revenue Notes Payable (Current) Notes Payable (Long-term) Contingent Liability Warranty Liability Common Stock 23,600 1,450 15,900 7,800 76,301 733,955 14,800 6,800 148,000 Treasury Stock 174,000 Additional Paid-in Capital Retained Earnings Total 1,158,800 61,254 2,279,390 $ 2,279,390 $ Income Statement For the Period Ended December 31, 2022 $ 0 oo 0 0 0 Net Sales 0 0 Gross Profit $ 0 Operating Expense 0 0 O 0 0 0 0 0 Oo 0 Total Operating Expenses Operating Income (Loss) 0 0 0 0