Exercise 1 (50 points) These financial items are for Decorating ABC Service at year-end, December 31, 2020 Salaries and Wages expense Interest expense Building 21,000 8,500 20,000 15,000 5,500 3,000 Cash Accounts Receivable Dividends Accumulated depreciation- Building Depreciation expense Service Revenue 90,000 7,000 Rent revenue 2,500 6,000 Instructions: Prepare an income statement for the year ended December 31, 2020