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3.33 points The Sky Blue Corporation has the following adjusted trial balance at December 31 DebitCredit S 1,130 Accounts Receivable Prepaid Insurance Notes Receivable (long-term)

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3.33 points The Sky Blue Corporation has the following adjusted trial balance at December 31 DebitCredit S 1,130 Accounts Receivable Prepaid Insurance Notes Receivable (long-term) Equipment 1,000 1,300 Accounts Payable Salaries and Wages Payable Income Taxes Payable Unearned Revenue s 1,600 4,920 1,200 1,900 Common Stock Retained Earnings 1.400 1,200 Sales Revenue Rent Revenue Salaries and Wages Expense Depreciation Expense Utilities Expense Insurance Expense Rent Expense Income Tax Expense 36,130 20,600 5,000 1,900 $49,050 $49,050 1. Prepare an income statement for the year ended December 31 SKY BLUE CORPORATION Income Statement

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