Prepare an income statement using the following data for New Orleans Adventures for the year ended December 31: 
Definitions:
Financial Leverage
The use of borrowed money (debt) to amplify potential returns from an investment or project.
Sustainable Growth Rate
The maximum growth rate a company can achieve without having to increase its financial leverage or debt.
Internal Growth Rate
The maximum rate at which a company can expand its operations using only internally generated revenues, without resorting to external financing.
Plowback Ratio
The proportion of earnings retained by a company after dividends are paid, usually to fund growth or pay down debt.
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