The adjusted trial balance for Pharoah Company is shown below. PHAROAH COMPANY Trial Balance August 31, 2020 Before Adjustment Dr. Cr. Cash $10,400 Accounts Receivable 8,900 Supplies 2,400 Prepaid Insurance 3,700 Equipment 12,100 Accumulated Depreciation Equipment $3,700 Accounts Payable 5.900 Salaries and Wages Payable 0 Unearned Rent Revenue 1,500 Owner's Capital 13,000 Service Revenue 33,900 Rent Revenue 11,200 Salaries and Wages Expense 16,900 Supplies Expense 0 Rent Expense 14,800 Insurance Expense 0 Depreciation Expense 0 $69,200 $69,200 After Adjustment Dr. Cr. $ 10,400 9,900 600 2,600 12,100 $ 4,600 5,900 1,400 600 13,000 34,900 12,100 18,300 1,800 14,800 1,100 900 $72,500 $72,500 Prepare the income statement for the year. PHAROAH COMPANY Income Statement $ $