The adjusted trial balance for Pharoah Fishing Centre is as follows:

PHAROAH FISHING CENTRE Adjusted Trial Balance March 31, 2021
	Debit		Credit
Cash	$7,600
Interest receivable	650
Supplies	1,550
Long-term investments	32,000
Land	45,000
Building	195,000
Accumulated depreciationbuilding			$31,000
Equipment	35,000
Accumulated depreciationequipment			17,500
Accounts payable			6,500
Interest payable			1,010
Unearned revenue			2,100
Notes payable ($6,000 must be paid in February, 2022)			65,800
R. Falkner, capital			172,040
R. Falkner, drawings	47,000
Service revenue			125,600
Interest revenue			1,200
Depreciation expense	9,800
Interest expense	4,050
Insurance expense	4,700
Salaries expense	29,500
Supplies expense	5,800
Utilities expense	5,100
	$422,750		$422,750

Prepare an income statement