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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

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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 $ 310 4,100 52,000 15,100 Interest revenue Salaries expense Supplies expense Bad debt expense $ 3,100 23,000 210 1,100 FAIR TRADER CO. Income Statement For Year Ended December 31 Revenues Total revenues $ 0 Expenses Total expenses 0

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