Prepare an income statement using the following data for New Orleans Adventures for the year ended December 31: 
Definitions:
Contextual Explanation
An interpretation or clarification that considers the surrounding circumstances or factors affecting a specific situation or event.
Social Learning
The process of acquiring behaviors, skills, attitudes, or values from observing the actions or outcomes of others.
Psychoanalytic
Relating to or denoting a method of psychological therapy originated by Sigmund Freud which emphasizes unconscious mental processes.
Ethological
Pertaining to ethology, the scientific study of animal behavior under natural conditions.
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