Hi , I need help under standing this for home work

The adjusted trial balance of Pharoah Company at December 31, 2020, includes the following accounts: Owner's lCapital $18,000, Owner's Drawings $2,000, Service Revenue 536,100, Salaries and Wages Expense 515,300, Insurance Expense $1,200, Rent Expense 54,000, Supplies Expense $2,100, and Depreciation Expense $1,300. Prepare an income statement for the year. PHARDAH COMPANY Income Statement December 31, 2020 V