12. On 30 June 2020, Macquarie Ltd, a service company, recorded the follow transactions.

(1) It received $530 cash payment from its customer.

(2) It sent out a $660 invoice for a service performed on 29 June 2020. The customer is expected pay on 6 July 2020.

(3) It scheduled a $810 service to be performed on 2 July 2020.

(3) It has made a $220 operating expense in cash.

(4) It received $180 supplies from its supplier and will make the payment one weeks later.

(5) On 1 January 2020, Macquarie paid for a two-year insurance policy on a machine amounting to $800.

Suppose 30 June 2020 is the date of financial year end. Prepare the income statement for Macquarie Ltd.