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Home Realty, Incorporated, has been operating for three years and is owned by three investors. J. Doe owns 60 percent of the total outstanding stock of 9,000 shares and is the managing executive in charge. On December 31, the entire year were determined: sales revenue, $191,000, salaries and wages expense, $102,000, interest expense, S6,800, advertising expenses. $9,275, and income tax expense, $19,000. Also during the year, the company declared and paid the owners dividends amounting to $17,000. Prepare the company's income statement HOME REALTY, INCORPORATED Income Statement For the Year Ended December 31 Revenues 1 O Home Realty, Incorporated, has been operating for three years and i outstanding stock of 9,000 shares and is the managing executive in entire year were determined: sales revenue, $191,000: salaries and v expenses, $9,275, and income tax expense, $19,000. Also during the amounting to $17,000. Prepare the company's income statement. HOME REALTY, INCORPORATED Income Statement For the Year Ended December 31 Revenues ces Auversmy expenses Dividends Income Tax Expense Interest Expense Salaries and Wages Expense Sales Revenue