Check my work Selected accounts from Fair Trader Cors adjusted trial balance for the year ended December 31 follow. Prepare its income statement Factoring fees Insurance expense Sales Rent expense $ 300 4,000 50,000 15,000 Interest revenue Salaries expense Supplies expense Bad debt expense $ 3,000 22,000 200 1,000 FAIR TRADER CO. Income Statement For Year Ended December 31 Revenues s 0 Total revenues Expenses aw Factoring fees Insurance expense Sales Rent expense $ 300 4,000 50,000 15,000 Interest revenue Salaries expense Supplies expense Bad debt expense FAIR TRADER CO. Income Statement For Year Ended December 31 Revenues s $ 0 Total revenues Expenses Total expenses 0