Selected accounts from Fair Trader Co.'s adjusted trial balance for the year ended December 31 follow. Prepare its income statement. $ $ Factoring fees Insurance expense Sales Rent expense 330 4,300 56,000 15,300 Interest revenue salaries expense Supplies expense Bad debt expense 3,300 25,000 230 1,300 FAIR TRADER CO. Income Statement For Year Ended December 31 Revenues Total revenues Expenses Total expenses