4 Prepare the income statement for ABC company Dr. Ala Fathi Assi ABC Company Adjusted Trial Balance 31 December, 2017 \begin{tabular}{|c|c|c|c|c|} \hline Account Name & Ref & & Debit & Credit \\ \hline Cash & & $ & 400,000.00 & \\ \hline Accounts Recievable & & $ & 30,000.00 & \\ \hline office Suppliers & & $ & 45,000.00 & \\ \hline office equipments & & $ & 15,000.00 & \\ \hline Vehicle & & $ & 40,000.00 & \\ \hline Duilding & & $ & 300,000.00 & \\ \hline Accounts Payable & & & & $100,000.00 \\ \hline Noted Payable & & & & $50,000.00 \\ \hline Common Stock & & & & $500,000.00 \\ \hline Retained Earnings & & & & $20,000.00 \\ \hline Sales Revenues & & & & $700,000.00 \\ \hline Cost of goods sold & & $ & 400,000.00 & \\ \hline Salaries expenses & & $ & 50,000.00 & \\ \hline Rent expenses & & $ & 20,000.00 & \\ \hline Supplies expenses & & $ & 10,000.00 & \\ \hline Advertising & & $ & 30,000.00 & \\ \hline Insurance & & $ & 30,000.00 & \\ \hline Total & & & 370,000.00 & $1,370,000.00 \\ \hline \end{tabular}