Use the following information for the Problems below. (Static) [The following information applies to the questions displayed below.] As of December 31 of the current year, Armani Company's records show the following. Cash $ 10,000 Accounts receivable Supplies Equipment 9,000 7,000 4,000 Accounts payable 11,000 Common stock 14,000 Retained earnings, December 31, prior year 3,000 Retained earnings, December 31, current year 5,000 Dividends 13,000 Consulting revenue 33,000 Rental revenue 22,000 Salaries expense 20,000 Rent expense 12,000 Selling and administrative expenses 8,000 Problem 1-3A (Static) Preparing an income statement LO P2 Required: Prepare the income statement for Armani Company for the current year ended December 31. ARMANI COMPANY Income Statement For Current Year Ended December 31 Revenues Total revenues Expenses $ 0 0 Total expenses Prev 1 2