Stan ey and Jones Lown Service Compony (58.J) maintaing its books on a cash bosis. However, the compony recently borrowed 320.000 from s local bank, and the bank requires 58.1 to provide annual financial statements prepared on an accrual basis. During 2021, the following cash flows were recorded: You are oble to determine the following information about occounts receivable, prepaid expenses, and accrued liabilities: In addition, you learn that the bank loan was dated September 30,2021 , with principal and interest at 6% due in one year. Depreciation on the company's equipment is $12,000 for the year. Required: Prepare an accrual basis income statement for 2021 . (Ignore income taxes.)