Problem #4: Comprehensive Income Statement Below is selected information that relates to Darrens Auto Repair Shop for the year 2017. Record your answers to the questions on the HW sheet to turn-in. Hint: Total expenses should be $339,675.

Service Revenue 370,325	Rent Expense 67,000
Other Comprehensive Income (net of tax) 1,200	Maintenance and Repair Expense 4,750
Utilities Expense 7,150	Salaries and Wages Expense 243,100
Retained Earnings (1/1/17) 40,350	Advertising Expense 5,000
Depreciation Expense 12,675

Calculate net income for the year ended December 31, 2017.

Create a statement of Comprehensive Income using the information from above