The adjusted trial balance for Ivanhoes Animations is presented below.

IVANHOE COMPANY Adjusted Trial Balance December 31, 2021
	Debit		Credit
Cash	$3,300
Accounts receivable	4,300
Prepaid expenses	2,300
Equipment	48,000
Accumulated depreciationequipment			$18,000
Accounts payable			6,000
Unearned revenue			10,100
M. Ivanhoe, capital			18,400
M. Ivanhoe, drawings	19,000
Service revenue			63,400
Rent expense	8,300
Salaries expense	22,600
Supplies expense	2,100
Depreciation expense	6,000
	$115,900		$115,900

Prepare an income statement for the year. Mr. Ivanhoe invested $5,200 cash in the business during the year. (Enter negative amounts using either a negative sign preceding the number e.g. -45 or parentheses e.g. (45).) IVANHOE COMPANY Income Statement $