I just want the answer to the question (b). And please show how did you calculate net income.

b. The Jenson & Peters Company prepares adjusting entries at the end of each month. The adjusted trial balance of the company and Income statement are given below: (10 Marks) Jenson & Peters Company Adjusted Trial Balance December 31, 2016 Account Name Debit Credit Cash Accounts receivable Prepaid building rent Unexpired insurance Supplies Equipment Accumulated depreciation equipment Notes payable 102,660 5,640 1,800 4,320 300 10,800 - 4320 6000 1920 2400 3600 5280 60000 24000) 99000 Accounts payable Salaries payable Income taxes payable Unearned service revenue Capital stock Retained earnings Dividends 3600 Service revenue earned Salary expense 51,000 Supplies expense 2,340 Rent expense 7,200 Insurance expense 1,140 Advertising expense 300 Depreciation expense-equipment 1,080 Interest expense 540 Income taxes expense 13,800 Total 206.520 206.520 99,000 Jenson & Peters Company Income Statement For the year ended December 31, 2016 Revenue: Consulting revenue earned Expenses: Salaries expense 42,500 Supplies expense 1,950 Rent expense 6,000 Insurance expense 950 Advertising expense 250 Depreciation expense -equipment 900 Interest expense 450 Income before income taxes Income before income taxes Income taxes expense 63,600 29,500 35,400 13,800 21,600 99 From the above prepare statement of retained earnings for the year ended on 31" December 2016