Can i get explanation in how you found insurance expense and prepaid insurance. also, for income statement- how you find selling, general, and administrative expense, income before income taxes and net income please.

Multistep Income Statement and Adjusting fintries Washington Distributork, whose accoontingyeat ends on December 31, had the foliowing normat balances in iss ledger accounts at Deteen ber 31, Required a. Record the necessary adjusting entries in general journal from at December 31. b. Prepare a mulsi-step income statement for the year, Combine all the operating expenses into one line on the income statement for selling, general and administrative experises. Required