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The adjusted trial balance for China Tea Company at December 31, 2021, is presented below: Credit Debit $ 11,000 153,000 9,000 28,000 370,000 Accounts Cash

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The adjusted trial balance for China Tea Company at December 31, 2021, is presented below: Credit Debit $ 11,000 153,000 9,000 28,000 370,000 Accounts Cash Accounts receivable Prepaid rent Supplies Equipment Accumulated depreciation Accounts payable Salaries payable Interest payable Noten payable (due in two years) Common stock Retained earninga Dividends Service revenue Salaries expense Advertising expense Rent expense Depreciation expense Interest expense Utilities expense Totals $ 132,000 19,000 3,400 1,900 34,000 150,000 199,500 20.000 340,000 120,000 77,000 19.000 35,000 2.800 35,000 $879,800 $879,800 Prepare an income statement for China Tea Company for the year ended December 31, 2021 CHINA TEA COMPANY Income Statement For the Year Ended December 31, 2021 $ 132,000 19,000 3,400 1,900 34,000 150,000 199,500 Accumulated depreciation Accounts payable Salaries payable Interest payable Notes payable (due in two years) Common stock Retained earnings Dividends Service revenue Salaries expense Advertising expense Rent expense Depreciation expense Interest expense Utilities expense Totals 20,000 340,000 120,000 77,000 19,000 35,000 2,800 35,000 $879,800 $879,800 Prepare an income statement for China Tea Company for the year ended December 31, 2021: CHINA TEA COMPANY Income Statement For the Year Ended December 31, 2021 Total Expenses

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