1. Construct a complete, properly formatted income statement for the year ended December 31, 2019, for ABC Company, an LLC, using the following information: Utilities expense Equipment rental expense Interest expense Management salaries expense Gross sales Sales and marketing expense Payroll tax expense Sales returns and allowances Cost of goods sold Rent expense Depreciation expense $23,000 $25,500 $4,500 $100,000 $905,000 $15,000 $12,300 $1,500 $567,000 $24,000 $3,000