hi please help me find the correct answer to interest expense. -15600 or (15600) was the wrong answer

Stanley and Jones Lawn Service Company (S&J) maintains its books on a cash basis. However, the company recently borrowed $260,000 from a local bank, and the bank requires S&J to provide annual financial statements prepared on an accrual basis. During 2021, the following cash flows were recorded: $480,000 Cash collected for: Services to customers Cash paid for Salaries Supplies Rent Insurance Miscellaneous Net operating cash flow $196,000 41,000 25,000 8,000 36,000 306,000 $174,000 You are able to determine the following information about accounts receivable, prepaid expenses, and accrued liabilities: January 1, 2021 $ 37,000 Accounts receivable Prepaid insurance Supplies Accrued liabilities (for miscellaneous expenses) December 31, 2021 $29,500 3,600 3,350 2,600 4,000 6.000 In addition, you learn that the bank loan was dated September 30, 2021, with principal and interest at 6% due in one year. Depreciation on the company's equipment is $15,000 for the year. Required: Prepare an accrual basis income statement for 2021. (Ignore income taxes.) Required: Prepare an accrual basis income statement for 2021. (Ignore income taxes.) Answer is complete but not entirely correct. 472,500 STANLEY AND JONES LAWN SERVICE COMPANY Income Statement For the Year Ended December 31, 2021 Service revenue $ Operating expenses: Insurance expense 4,400 Supplies expense 40,250 Miscellaneous expense 38,000 Salaries expense 196,000 Rent expense 25,000 Depreciation expense 15,000 318,650 153,850 Total operating expenses Operating income Other expense: Interest expense Net income (15,600) X 138,250 $