Need journal entries and income statement

Use the unadjusted trial balance of Electric Bike on December 31, 2020. Debit Credit Cash $ 7,808 Accounts receivable 22, 365 Merchandise inventory 34, 300 Store supplies 2, 265 Office supplies 905 Prepaid insurance 4,555 Equipment 71, 190 Accumulated depreciation, equipment $ 13, 355 Accounts payable 7, 700 Salaries payable Braeden Li, capital 165, 475 Braeden Li, withdrawals 60, 500 Interest income 280 Sales 527, 500 Sales returns and allowances 4, 770 Cost of goods sold 380, 860 Salaries expense 96, 000 Rent expense 28, 890 Supplies expense Depreciation expense, equipment Insurance expense Totals $714, 310 $714, 310 Required: 1. Record adjusting entries for the following information. a. The records show that the equipment was estimated to have a total estimated useful life of 10 years with a residual value at the of its life of $14,190. b. The balance in the Prepaid Insurance account was reviewed and it was determined that $320 was unused at December 31, 202 c. A review of the store supplies on December 31, 2020, revealed a balance on hand of $1,910; a similar examination of the office