40 3 points Skipped On December 31, 2020, Dyer Inc. completed its first year of operations. Because this is the end of the annual accounting period, the company bookkeeper prepared the following preliminary income statement: Rental Revenue Expenses: Incone Statement, 2020 Salaries and Wages Expense Maintenance Expense Rent Expense Utilities Expense Gas and Oil Expense Other Expenses Total Expenses Income $ 123,000 $ 30,000 13,500 11,700 5,200 3,300 1,150 64,850 $ 58,150 You are an independent CPA hired by the company to audit the firm's accounting systems and financial statements. In your audit, you developed additional data as follows: a. Wages for the last three days of December amounting to $340 were not recorded or paid. b. The $445 telephone bill for December 2020 has not been recorded or paid. c. Depreciation on rental autos, amounting to $23,300 for 2020, was not recorded. d. Interest of $650 was not recorded on the note payable by Dyer Inc. e. The Rental revenue account includes $4,120 of revenue that will be earned in January 2021. Maintenance supplies costing $660 were used during 2020, but this has not yet been recorded. g. The income tax expense for 2020 is $7,900, but it won't actually be paid until 2021. 40 3 points Skipped 1 Wages for the last three days of December amounting to $340 were not recorded or paid. 2 The $445 telephone bill for December 2020 has not been recorded or paid. 3 Depreciation on rental autos, amounting to $23,300 for 2020, was not recorded. 4 Interest of $650 as not recorded on the note payable by Dyer Inc. 5 The Rental revenue account includes $4,120 of revenue that will be earned in January 2021. Maintenance cunnline rnetinn $660 were need durinn Note: journal entry has been entered EX Debit Credit 40 3 points Skipped 3 Depreciation on rental autos, amounting to $23,300 for 2020, was not recorded. 4 Interest of $650 was not recorded on the note payable by Dyer Inc. 5 The Rental revenue account includes $4,120 of revenue that will be earned in January 2021. 6 Maintenance supplies costing $660 were used during 2020, but this hanot yet been recorded. 7 The income tax expense for 2020 is $7,900, but it won't actually be paid until 2021. Note: journal entry has been entered 3 2. Prepare, in proper form, an adjusted income statement for 2020. DYER, INC. Income Statement For the Year Ended December 31, 2020 40 points Expenses: Skipped Total expenses 0 Income before Income tax expense 0