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I JUST need the income statement to be filled that is all I NEED At the end of 2022, the following information is available for

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I JUST need the income statement to be filled that is all I NEED

At the end of 2022, the following information is available for Great Adventures. Additional interest for five months needs to be accrued on the $30,000, 6% loan obtained on August 1, 2021. Recall that annual interest is paid each July 31. Assume that $10,000 of the $30,000 loan discussed above is due next year. By the end of the year, $20,000 in gift cards have been redeemed. The company had sold gift cards of $25,000 during the year and recorded those as Deferred Revenue. Great Adventures is a defendant in litigation involving a biking accident during one of its adventure races. The company believes the likelihood of payment occurring is probable, and the estimated amount to be paid is $12,000. For sales of MU watches, Great Adventures offers a warranty against defect for one year. At the end of the year, the company estimates future warranty costs to be $4,000. GREAT ADVENTURES, INC. Trial Balance Account Title Credit S Debit 89.070 50,000 2,400 7,000 900 62,000 Cash Accounts Receivable Allowance for Uncollectible Accounts Inventory Prepaid Insurance Equipment Accumulated Depreciation Accounts Payable Income Tax Payable Deferred Revenue Notes Payable (Long-term) Common Stock Retained Earnings Service Revenue Sales Revenue Sales Discounts Interest Revenue Cost of Goods Sold Depreciation Expense Supplies Expense Salaries Expense Bad Debt Expense Interest Expense Rent Expense Income Tax Expense Insurance Expense Repairs and Maintenance Expense 25.250 20,800 14,500 25,000 30,000 20.000 33.450 44,500 100,000 350 120 38.500 17,250 500 24.000 2,400 1,050 2,400 14,500 5,700 400 Total S 316,020 S 316,020 Unadjusted Dates: to: GREAT ADVENTURES, INC. Income Statement For the Period Ended December 31, 2022 Revenues Net Sales Gross Profit Operating Expenses Total Operating Expenses Operating Income (Loss) Income Before Income Taxes

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