Coronado Design Income Statement For the Year Ended December 31, 2020 Revenues: Service Revenue $62,205 Expenses: Salaries and Wages Expense 12,005 Insurance Expense 1,038 Interest Expense 572 Depreciation Expense 9,400 Supplies Expense 3,400 Rent Expense 4,000 Total expenses 30,415 Net income (loss) $31,790

prepare a statement of retained earnings