Need help with income statement. Directions and table attached, not sure what to include where.

Part 3: Income Statement Preparation Generally accepted accounting principles (GAAP) require organizations to prepare both an income statement and a balance sheet. Before the balance sheet can be prepared, the organization's net income must be determined. This requires the accountant to pull together data from numerous system accounts and other sources of information. In this part of the assessment, demonstrate your skill in putting together the necessary account data and preparing an income statement in good form. Use the Assessment 2, Part 3 Template to complete Part 3 of the assessment. On the first page of the template is financial data for Southwest Business School. On the second page is a blank income statement. Use the information provided on the first page to prepare the income statement on the second page. BUS-FP3061 - Fundamentals of Accounting Part 3 Southwest Business School Adjusted Trial Balance December 31 20XX Debit ($) Cash............................................................................................ 26,000 Accounts receivable..................................................................... 7,500 Teaching supplies........................................................................ 2,600 Prepaid insurance........................................................................ 12,000 Prepaid rent................................................................................. 0 Professional library...................................................................... 30,000 Accumulated depreciationProfessional library.......................... Equipment.................................................................................... Credit ($) 15,000 70,000 Accumulated depreciationEquipment....................................... 28,000 Accounts payable......................................................................... 36,000 Salaries payable.......................................................................... 400 Unearned training fees................................................................. 6,600 Common stock............................................................................. 10,000 Retained earnings........................................................................ 53,600 Dividends..................................................................................... 40,000 Tuition fees earned...................................................................... 109,500 Training fees earned.................................................................... 42,400 Depreciation expenseProfessional library................................ 6,000 Depreciation expenseEquipment.............................................. 12,000 Salaries expense......................................................................... 48,400 Insurance expense....................................................................... 3,000 Rent expense............................................................................... 24,000 Teaching supplies expense.......................................................... 7,400 Advertising expense..................................................................... 7,000 Utilities expense........................................................................... 5,600 Totals.......................................................................................... $301,500 _______ $301,500 Southwest Business School Income Statement For Year Ended December 31, 20XX