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 $ 390 4,900 68,000 15,900 Interest revenue Salaries expense Supplies expense Bad debt expense $ 3,900 31,000 290 1,900 FAIR TRADER CO. Income Statement For Year Ended December 31 Revenues Total revenues $ 0 Expenses Total expenses 0