Question: 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

 Required information Use the following Information for problem 3 to 5

LO P2 As of December 31, 2019, Armani Company's financial records show

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 Common stock Retained earnings, Dec. 31, 2018 Retained earnings, Dec. 31, 2019 Dividends Consulting revenue Rental revenue Salaries expense Rent expense Selling and administrative expenses $10, 100 9, 100 6, 100 5, 100 11,200 14,100 3, 100 5, 100 13, 100 33,200 22,200 20,100 12, 100 8, 100 Problem 1-3A Preparing an income statement LO P2 Prepare the 2019 year-end income statement for Armani Company. ARMANI COMPANY Income Statement For Year Ended December 31, 2019 Revenues Total revenues Expenses Total expenses

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