Orange Designs provides consulting services related to home decoration. Orange Designs provides customers with recommendations for a full range of home dcor, including window treatments, carpet and wood flooring, paint colors, furniture, and much more. Below is the year-end adjusted trial balance of Orange Designs.

Credits Debits $ 4,900 3,900 1,900 5,900 109,000 ORANGE DESIGNS Adjusted Trial Balance December 31, 2021 Accounts Cash Accounts Receivable Supplies Prepaid Rent Buildings Accumulated Depreciation Accounts Payable Salaries Payable Utilities Payable Notes Payable (due in four years) Common Stock Retained Earnings Service Revenues Salaries Expense Rent Expense Depreciation Expense Supplies Expense Advertising Expense Utilities Expense Interest Expense Totals $ 20,900 2,900 3,900 1,200 19,000 49,000 14,900 115,100 41,900 17,900 6,900 7,900 12,900 11,900 1,900 $226,900 $226,900 ORANGE DESIGNS Income Statment For the Year Ended December 31, 2021 $ Service Revenues 115,100 Expenses: Advertising Expense Depreciation Expense Interest Expense Rent Expense Salaries Expense Utilities Expense 12,900 6,900 1,900 17,900 41,900 11,900 Total Expenses Net Income $ 93,400 $ 21,700 X