Required information (The following information applies to the questions displayed below) Psymon Company, Inc., sells construction equipment. The annual fiscal period ends on December 31. The following adjusted trial balance was created from the general ledger accounts on December 31 Account Titles Debits Credits Cash $ 53,530 Accounts Receivable 22,400 Inventory 81,500 Property and Equipment 61,000 Accumulated Depreciation $ 25,600 Accounts Payable 37,700 Common Stock 112,000 Retained Earnings, January 1 13,800 Sales Revenue 213,200 Cost of Goods Sold 124,400 Salaries and Wages Expense 21,400 Office Expenses 22.400 Interest Expense >100 Income Tax Expense 12,570 Totals $402,300 $402,300 The Act X > bon 7. Chapter Worx + etmeducation.com/ex/m/indexhtml?con contral_browser and this253A%252F%252 Samghadire Chapter 6 HW Help Seve & E Check 7 Required information 1. Prepare a murite income statement that would be used for external reporting purposes. TIP Some of the accounts listed wil appear on the balance sheet rather than the income statement Panto 1 PSYMON COMPANY INC Ihc State For the Year End December 31 Saw Costo de 213200 12000 33.000 21.00 22.00 0.000 000 100 HO CP TO > F PG 11 %