how, when and in what industry each may happen. Page Break 10. The adjusted trial balance data given below is from the Morgan Company's worksheet for the year ended December 31, 2016. Prepare a proper income statement for the year ended December 31, 2016. The expense accounts numbered 611-615 represent selling expenses, and those numbered 621-631 represent general and administrative expenses. ACCE NO ACCOUNT NAME ADJUSTED TRIAL BALANCE DENT REDCY Income Succotary 3704 401 ASE 500 195 T 7 501 Purchases 125.000 502 Fright In 3,000 503 Parches Rates and LAD 504 Purchases Depen 7000 GEL Advating Expa 2300 415 Travel Expense 11,300 621 11,300 [23 Office Supplier Expe 759 425 Exp 4300 27 1500 629 1350 Depiction Exqme-Office Equat 250 201 Internt Expone 1300 What's your take on the company's performance? Would you be satisfied with such and why? What would you do in their place? Page Break 11. The adjusted trial balance data given below is from Cameron White Company's worksheet for the year