Current Attempt in Progress

This information relates to Pharoah Service Co$.$ for the year $2025.$

Retained earnings, January $1,2025$$$56,500$

Advertising expense $,2,100$

Dividends paid during $2025,8,800$

Rent expense $10,000$

Service revenue $,61,000$

Utilities expense $,2,600$

Salaries and wages expense $,24,700$

$($a$)$

After analyzing the data, prepare an income statement for the year ending December $31,2025.$

PHAROAH SERVICECO.

Income Statement

For the Year Ended December $31,2025$

Retained Earnings, December $1$