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MY Autobody's adjusted trial balance on December 31, 2023, appears in the work sheet as follows: There were no investments by the owner during the

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MY Autobody's adjusted trial balance on December 31, 2023, appears in the work sheet as follows: There were no investments by the owner during the year. Prepare an income statement for the year ended December 31,2023 Income Statement For Year Ended December 31,2023 Revenues: Repair revenue Operating expenses: \begin{tabular}{|l|r|l|} \hline Depreciation expense, equipment & \multicolumn{1}{|c|}{7,700} & \\ \hline Wages expense & 103,700 & \\ \hline Insurance expense & 1,500 & \\ \hline Rent expense & 48,350 & \\ \hline Office supplies expense & 4,400 & \\ \hline Utilities expense & 2,140 & \\ \hline & & \\ \hline Total operating expenses & & \\ \hline Loss & & \\ \hline \end{tabular} Prepare a balance sheet at December 31, 2023

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