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aughn Design was founded by Thomas Grant in January 2016. Presented below is the adjusted trial balance as of December 31 , 025. Service Revenue

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aughn Design was founded by Thomas Grant in January 2016. Presented below is the adjusted trial balance as of December 31 , 025. Service Revenue 62,370 Salaries and Wages Expense Insurance Expense Interest Expense Depreciation Expense Supplies Expense Rent Expense 12,170 1,062 590 10,000 3,400 4,000$135,572 $135,572 Prepare an income statement for the year ending December 31, 2025. (Enter loss using either a negative sign preceding the number e.g. -45 or parentheses e. (45).)

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