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Required Information Use the following Information for problem 3 to 5 LO P2 As of December 31, 2019. Armani Company's financial records show the following items and amounts. Cash Accounts receivable Supplies Equipment Accounts payable A. Armani, Capital, Dec. 31, 2018 A. Armani, Capital, Dec. 31, 2019 A. Armani, withdrawals Consulting revenue Rental revenue Salaries expense Rent expense Selling and administrative expenses $ 11,480 19,480 7,480 6,400 13,800 17,488 21,800 14,400 35,800 24,888 21,480 13,480 9,488 Problem 1-3A Preparing an income statement LO P2 Required: Prepare the 2019 year-end Income statement for Armani Company. ARMANI COMPANY Income Statement For Year Ended December 31, 2019 Revenues A. Armani, Capital $ 11,400 A. Armani, Withdrawals Accounts payable Total revenues Expenses A. Armani, Withdrawals A. Armani, Capital Accounts payable Cash 11,400 Total expenses