Rent Use Worksheet 2.2 Artana and Nicholas Peterson are about to construct their income and expense statement for the year ending December 31, 2020. Nicholas is finishing up college and currently has no income. They have put together the following income and expense Information for 2020: Ariana's salary $52,000 Reimbursement for travel expenses 2,150 Interest on: Savings account 110 Bonds at Delts Corporation 70 Groceries 4,150 9,300 Utilities 960 Gas and auto expenses 650 Nicholas' tuition, books, and supplies 3,300 Books, magazines, and periodicals 280 Clothing and other miscellaneous expenses 2,700 Cost of photographic equipment purchased with charge 2,200 card Amount paid to date on photographic equipment 1,600 Artana's travel expenses 1,950 Purchase of used car (cost) 9.750 Outstanding loan balance on a 7,300 Purchase of bonds in Delta Corporation 4,900 Using the information provided, prepare an income and expense statement for the Petersons for the year ending December 31, 2020 (follow the form shown in Worksheet 2.2). Enter all expense amounts as positive values INCOME AND EXPENSE STATEMENT Name(s) Ariana and Nicholas Peterson For the month or year] Year Ended December 31, 2020 INCOME Wages and sales Name Ariana Peterson Name Name Self-employment income Bonuses and commissions Investment income Unternet receive $ $ $ $ $ $ $ signment Chapter 02 Using Financial Statements and Budgets Pensions and annuities Other income Reimbursement for travel expenses (1) Total Income EXPENSES Housing Rent/mortgage payment (include insurance and taxes, if applicable) Repairs, maintenance, Improvements Utilities Gas, electric, water Phone Cable TV and other Food Groceries Dining out Transportation Auto loan payments License plates, fees, etc. Gas, oil, repairs, tires, maintenance Medical Health, major medical, disability insurance (payroll deductions or not provided by employer) Doctor, dentist, hospital, medicines Clothing Clothes, Shoes, and accessories Homeowner's (if not covered by mortgage payment) Life (not provided by employer) Auto Taxes Income and social security Property (if not included in mortgage) Appliances, furniture, and Loan payments other major purchases Purchases and repairs Personal care Laundry, cosmetics, hair care Recreation and Vacations entertainment Other recreation and entertainment Other items Nicholas' tuition, books, and supplies Purchase of Delta Corp. bonds Travel expenses (IT) Total Expenses CASH SURPLUS (OR DEFICIT) ((1)-(11)] Insurance $ $ $ $ $ $