Please help me complete this! I have been struggling for a while, and mainly I need the answer! Thanks, and I will give kudos to the correct answer!

The following are the trial balance and the other information related to Matthew Consulting Engineer. Credit $718 MATTHEW CONSULTING ENGINEER TRIAL BALANCE DECEMBER 31, 2020 Debit Cash $29,500 Accounts Receivable 56,400 Allowance for Doubtful Accounts Supplies 1.730 Prepaid Insurance 1,050 Equipment 33,800 Accumulated Depreciation Equipment Notes Payable Common Stock Retained Earnings Service Revenue Rent Expense 9,334 Salaries and Wages Expense 30,360 Utilities Expenses 1.750 Office Expense 750 $164,674 5,987 7,200 10,000 25,342 115,427 $164,674 1. 2. 3. 4. 5. Fees received in advance from clients $6,010, which were recorded as revenue. Services performed for clients that were not recorded by December 31, $5,145. Bad debt expense for the year is $1.294. Insurance expired during the year $471. Equipment is being depreciated at 10% per year. Matthew gave the bank a 90-day, 10% note for $7,200 on December 1, 2020. Rent of the building is $718 per month. The rent for 2020 has been paid, as has that for January 2021, and recorded as Rent Expense. Office salaries and wages earned but unpaid December 31, 2020, $2.292. 6. 7 B. (61) Your answer is partially correct. Prepare an income statement for 2020. (Enter loss using either a negative sign preceding the number e.g. -45 or parentheses eg. (45).) MATTHEW CONSULTING ENGINEER Income Statement For the Year Ended December 31, 2020 Revenues Service Revenue 114562 Expenses Rent Expense $ 8,616 i 32652 i 1750 i Salaries and Wages Expense Utilities Expenses Office Expense Bad Debt Expense 576 471 Insurance Expense 3380 Depreciation Expense 60 Interest Expense 750 Total Expenses 48255 Net Income /(Loss) $ 66307