Mr. William is an owner of a local factory Hope Inc. He plans to hire an outside account to help me prepare the financial statement for the fiscal year 2020. The unadjusted trial balance as of the end of the annual accounting period, December 31, 2020, is shown as follows:

Account Titles	Debit	Credit
Cash	35,400
Accounts receivable	4,000
Supplies	2,300
Prepaid insurance	700
Equipment	25,000
Accumulated depreciation		14,000
Other assets	5,200
Accounts payable		3,500
Wages payable
Income taxes payable
Note payable (two years; 12% interest due each December 31)		10,000
Contributed capital (4,000 shares outstanding all year)		16,000
Retained earnings		10,300
Service revenue		51,700
Remaining expenses (not detailed; excludes income tax)	32,900
Income tax expense
Totals	105,500	105,500

Data not yet recorded on December 31, 2020, include:

1. After counting the supplies on December 31, 2020, the account found $2,000 remaining supplies on hand to be used in 2021.
2. Depreciation expense for 2020, $4,000.
3. Wages earned by employees but not yet paid on December 31, 2020, $3,000.
4. Insurance expired during 2020, $250.
5. Income tax expense was $1,250, to be paid in 2012.

Now, the account is required to fill in the missing information for the income statement and balance sheet for the fiscal year 2020

Now, the account is required to fill in the missing information for the income statement and balance sheet for the fiscal year 2020 (just fill in the number, no S needed) Hope Inc. Income Statement For the Year Ended December 31, 2020 51,700 Operating Revenue: Service Revenue Operating Expenses: Depreciation Expense Insurance Expense Wages Expense Supplies Expense Remaining Expenses Total Expenses Operating Income Income Tax Expense Net Income Esmings per share Hope Inc. Balance Sheet For the Year Ended December 31, 2020 535.400 9.000 Assets Current Assets Cath Accounts receivable Supplies Prepaid insurance Total current assets Equipment Accumulated depreciation Other assets inot detailed Liabilities and Stockholders' Equity Current Liabilities Accounts payable Wazes pavable Income tax payable Total current liabilities SS500 3.000 1.250 Note payable, long term 10.000 23.000 Total liabilities StockholdersEs 3200 16.000 Contributed capital Retained caming Total stockholders equity Total liabilities and stockholders equity Total assets