i need the steps please

BUSS-201 Part I: Short answers, no partial credit (25%, 5% each): A 1. Before any month-end adjustments are made, the net income of Lawrence Company is $560,000 However, the following adjustments are necessary: office supplies used, $35,000; services performed for clients but not yet recorded or collected, $12,300; interest accrued on note payable to bank, $14,100. After adjusting entries are made for the items listed above, Lawrence Company's net income would be: a $523,200 b $498,600 $551,400 d $573,200. *New net income = 560000-35000+12300-14100 = 503200