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E6- Using the following information, prepare the income statement for ABC Company at date December, 31 2022. Loss on Sale of Investment $25,000 Sales $229.234 Loss on Disposal of Plant Assets $2000 Research and development $11,581 Salaries expense $10,000 Selling, general and administrative | $15,261 Account Receivable 250,000 Truck $20.000 Building 1000.000 Account payable (face value) $600,000 Note payable $500,000 Other Revenues & Gains $300.000 Additional information The account payable have been issued on March 1 2021. Interest rate 5% / year due on December 31. 2023 The company use straight line method to calculate the depreciation. The useful life for the building 20 years with salvage value $20,000. The useful life for the truck 10 years, and after that, they can sell it at $5000. Tax rate 15%