Please answer bulleted items in image 3 using attached images 1 and 2

What is the reported net income for the month of June for Rissa Potter, CPA? Critical Thinking Problem 6.1 The Closing Process The Trial Balance section of the worksheet for Fashion World for the period ended December 31. 20X1. appears below. Adjustments data are also given. ADJUSTMENTS a. Supplies used. $7,200 b. Expired insurance, S4,800 c. Depreciation expense for machinery, S2,400 INSTRUCTIONS 1. Complete the worksheet. 2. Prepare an income statement. 3. Prepare a statement of owner's equity Fashion World Worksheet Month Ended December 31, 20X1 ADJUSTMENTS ACCOUNT NAN CREOT DE Cost TRABALANCE DEN 8116 00100 18100 000 1440 000 21 60 000 168 0 0 000 7200100 480.000 10 10 2400100 Accounts Receivable Supplies Prepold Insurance $ Machinery Accumulated Depreciation - Machinery Accounts Payable Angelo Cruz Capitol Angelo Cruz, Drowing 10 Fees Income 11 Supplies Expense 17 Insurance Expense 1 Salones Expense Depreciation Expense-Machinery Utilities Expense 271000100 1491 60100 121000100 165 0 0 000 (0) (b) 720.000 480.000 22 20 000 (0) 240.000 16Total 3 3 6 000 341 1 6 000 341 1 6 0 100 14 40.000 14 40 000 17 TE 4. Prepare a balance sheet. 5. Journalize the adjusting entries in the general journal, page 3. 6. Journalize the closing entries in the general journal, page 4. 7. Prepare a postclosing trial balance. Analyze: If the adjusting entry for expired insurance had been recorded in error as a credit to Insurance Expense and a debit to Prepaid Insurance for $2,400, what reported net income would have resulted? Prepare the General Ledger Accounts. (Hint: Enter the beginning balances of each account) Prepare the Worksheet Prepare the Financial Statements Journal and Post the Adjusting Entries Journal and Post the Closing Entries Prepare the Post-Closing Tral Balance