Hi, I need help with the income statement, only the red boxes.

Additional Problem 9 (Part Level Submission) Blanks Inc. is a company that provides home and business cleaning services. The following information is available about the cash transactions of Blanks Inc. in 2017: Cash Receipts Cash sales $572,000 Cash advances from customers 55,000 Receipt of a loan from a bank 11,000 Cash disbursements Payment of accounts payable $26,400 Payment of salaries to employees 396000 Payment of electricity bills 77,000 Payment of an insurance policy 3,360 Payment of rent 27,500 Interest paid on the loan payable (September 1st, 2017) 660 Assume that Blanks Inc. records prepayments as expenses and cash advances received from customers as revenues. Additional information is provided below: (a) Amounts due from customers for services performed by Blanks Inc. totaled $38,500 on December 31, 2017, but were not recorded. (b) On March 1st, 2017, the company took a 3-year, $11,000, 12% bank loan. Interest is payable every September 1st and March 1st. The company has recorded the receipt of the loan on March 1st and the first interest payment on September 18st , (C) Blanks Inc. recorded all salary payments of the year up to and including Monday, December 25th. The employees are paid $15,400 every other Monday and do not work during weekends. (d) The company recorded the payment of $3360 for a two-year insurance policy that takes effect on February 18, 2017. (e) Cash advances of $55000 received from customers during the year were recorded. It was determined that only $33,000 was earned by December 31