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 $ 300 4,000 50,000 15,000 Interest revenue Salaries expense Supplies expense Bad debt expense $ 3,000 22,000 200 1,000 ed BOOK FAIR TRADER CO. Income Statement For Year Ended December 31 Herences Revenues $ 0 Total revenues Expenses Rent expense 15,000 Bad debt expense 1,000 FAIR TRADER CO. Income Statement For Year Ended December 31 Revenues Total revenues $ 0 Expenses Total expenses 0