Prepare an annual income statement from the following adjusted trial balance. Credit $900 Blossom Enterprises Adjusted Trial Balance December 31, 2020 Account Debit Cash $1,000 Accounts Receivable 15,300 Allowance for Doubtful Accounts Prepaid Insurance 2,400 Equipment 24,200 Accumulated Depreciation Notes Payable Accounts Payable Salaries and Wages Payable Interest Payable Common Stock Retained Earnings Dividends 2,000 4,600 10,400 3,000 1,800 100 14.500 7.000 Service Revenue 123.500 123,500 85,000 Service Revenue Salaries and Wages Expense Rent Expense Supplies Expense Insurance Expense Interest Expense Bad Debt Expense Depreciation Expense 23,600 4,200 3,400 700 1,000 3,000 $165,800 $165,800 Blossom Enterprises Income Statement Year ended December 31, 2020 $