3. Construct a complete, properly formatted income statement for the year ended December 31, 2019, for XYZ Company, a corporation, using the following information: Utilities expense Insurance expense Interest expense Management salaries expense Payroll tax expense Sales Marketing expense Provision for income taxes Cost of services Rent expense Depreciation expense $12,000 $18,500 $5,200 $65.000 $17.500 $775,000 $26,500 $13,500 $465,000 $40,000 $8,000