Vince Tomano, a real estate agent, requires you to prepare an income statement for the period ended 31 December 2014: donations $100; office wages $7000; sales salaries $25000; sales commission expense $5 000; advertising $4000; rent expense $2000; rates and land tax expense $3000; stationery expense $800; fee revenue $270 000; interest paid on loan $4 200; interest earned on term deposit $1200; mobile phone expenses $1420.