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Given the adjusted trial balance for Duck Go Inc. below as of December 31, 2020 prepare the income statement for the year ended December 31,

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Given the adjusted trial balance for Duck Go Inc. below as of December 31, 2020 prepare the income statement for the year ended December 31, 2020. Adjusted Trial Balance 31-Dec-20 Debit Credit Cash $82,500 Accounts receivable 39,200 Supplies 550 Prepaid insurance 820 Equipment 36,000 Accumulated depreciation equipment $15,800 Accounts payable 26,500 Uneamed service revenue 15,700 Salary payable 42,650 Common shares 23,295 Retained earnings 10,000 Dividends I 9,000 Service revenue 92,500 Salary expense 41,850 Supplies expense 3,225 Insurance expense 2800 Depreciation expense-equipment 7200 Utilities expense 3,300 $226,445 $226.445

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