please do part a, b, and c

Income statement preparation On December 31, 2019, Cathy Chen, a self-employed certified public accountant (CPA), completed her first full year in business. During the year, she charged her clients $360,000 for her accounting services. She had to employees, a bookkeeper and a clerical assistant. In addition to her monthly salary of $8,020. Ms. Chen paid annual salaries of $48.200 and $35,500 to the bookkeeper and the clerical assistant, respectively. Employment taxes and benefit costs for Ms. Chen and her employees totaled $2,100 for the year. Expenses for office supplies, including postage, totaled $10,400 for the year. In addition, Ms. Chen spent $17.400 during the year on tax-deductible travel and entertainment associated win client Visits and new business development Lease payments for the office space rented a tax deductible expense) were $2.720 per month. Depreciation expense on the office tumiture and fixtures was $15.800 for the year. During the year, Ms. Chen paid interest of $15,200 on the $115,000 borrowed to start the business She paid an average tax rate of 30% Ouring 2019 a. Prepare an income statement for Cathy Chen, CPA for the year ended December 31, 2019. b. Evaluate her 2010 financial performance 2. Prepare an income statement for Cathy Chen, CPA, for the year ended December 31, 2010 Complete the fragment of the income statement for Cathy Chon below (select the correct account from the drop-down menu and round to the nearest dolor) Cathy Chen, CPA Income Statement for the Year Ended December 31, 2019 $ Income statement preparation On December 31, 2019, Cathy Chen, a self-employed certified public accountant (CPA), completed her first full year in business. During the year, she charged her clients $360,000 for her accounting services. She had to employees, a bookkeeper and a clerical assistant. In addition to her monthly salary of $8,020. Ms. Chen paid annual salaries of $48.200 and $35,500 to the bookkeeper and the clerical assistant, respectively. Employment taxes and benefit costs for Ms. Chen and her employees totaled $2,100 for the year. Expenses for office supplies, including postage, totaled $10,400 for the year. In addition, Ms. Chen spent $17.400 during the year on tax-deductible travel and entertainment associated win client Visits and new business development Lease payments for the office space rented a tax deductible expense) were $2.720 per month. Depreciation expense on the office tumiture and fixtures was $15.800 for the year. During the year, Ms. Chen paid interest of $15,200 on the $115,000 borrowed to start the business She paid an average tax rate of 30% Ouring 2019 a. Prepare an income statement for Cathy Chen, CPA for the year ended December 31, 2019. b. Evaluate her 2010 financial performance 2. Prepare an income statement for Cathy Chen, CPA, for the year ended December 31, 2010 Complete the fragment of the income statement for Cathy Chon below (select the correct account from the drop-down menu and round to the nearest dolor) Cathy Chen, CPA Income Statement for the Year Ended December 31, 2019 $