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Phoebe Company ended its fiscal year on July 31 2020. The company's adjusted trial balance as of the end of its fiscal year is 23 follows Phoebe Company Adjusted Trial Balance July 31, 2020 Account Titles No. Debit Credit 101 Cash 59.840 112 Accounts Receivable 8.780 157 Equipment 15.900 158 Accumulated Depreciation Equip 57.400 201 Accounts Payable 4.220 208 Unearned Rent Revenue 1.800 301 Owner's Capital 45,200 306 Owner's Drawings 16.000 400 Service Revenue 64000 429 Rent Revenue 6300 711 Depreciation Expense B.000 726 55.700 Salaries and Wages Expert Deilities Expense 732 14900 $129.120 5229120 (a1 Vour answer is correct Prepare an income statement for the year (Enter negative amounts using either a negative sin preceding the numbers 15 parentheses (459) PHOEBE COMPANY Income Statement For the Yandedly 3 2020 PHOEBE COMPANY Income Statement For the Year Ended uy 31 2030 Revenue Service Revue 30000 Ranta 8500 Total Revenues 70300 Dipendes Deprecatione 3000 1 Salartec and Waste 33700 30 Totalents 98600 income > s 2100 Textbook and Media List of Accounts Attempts of 10 usad lozi PHOEBE COMPANY Owner's Equity Statement For the Year Ended July 31, 2020 Owner: Capital August 1, 2019 s 45200 Les V Nesincome! (Loss) -8100 Drawings 5 Liabilities and Owner's Equity > 5