As of December 31 2017 Audi Company s financial records show

As of December 31, 2017, Audi Company’s financial records show the following items and amounts.

Cash ……………………………………………. $2,000

Accounts receivable ……………………………. 1,800

Supplies ………………………………………… 1,200

Equipment ……………………………………… 1,000

Accounts payable ………………………………. 4,600

A. Audi, Capital, Dec. 31, 2016 ……………….. 800

A. Audi, Capital, Dec. 31, 2017 ……………….. 1,400

A. Audi, Withdrawals …………………………. 2,600

Consulting revenue …………………………….. 6,600

Rental revenue …………………………………. 4,400

Salaries expense ……………………………….. 4,000

Rent expense …………………………………… 2,400

Selling and administrative expenses ……………. 1,600

Early in 2017, the owner invested $200 cash in the business.

Required

Prepare the 2017 year-end income statement for Audi Company.

As of December 31 2017 Audi Company s financial records show