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Use the following information for problems 3 to 5 LO P2 [The following information applies to the questions displayed below. As of December 31, 2018,

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Use the following information for problems 3 to 5 LO P2 [The following information applies to the questions displayed below. As of December 31, 2018, Armani Company's financial records show the following items and amounts $11,400 Cash Accounts receivable Supplies Equipment Accounts payable Common stock Retained earnings, Dec. 31, 2017 Retained earnings, Dec. 31, 2018 Dividends Consulting revenue Rental revenue Salaries expense Rent expense Selling and administrative expenses 10,400 7,400 6,400 8,700 19,500 5,400 7,400 14,400 35,800 24,800 21,400 13,400 9,400 Problem 1-3A Preparing an income statement LO P2 Required: Prepare the 2018 year-end inco Required: Prepare the 2018 year-end income statement for Armani Company ARMANI COMPANY Income Statement For Year Ended December 31, 2018 Revenues Total revenues Expenses Total expenses

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