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The following data are for the Grass is Greener Company at the end of 2017, after adjustments, except for the calculation of income tax expense.

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The following data are for the Grass is Greener Company at the end of 2017, after adjustments, except for the calculation of income tax expense. Accounts payable Property and equipment Cost of service expense Supplies Service revenue Bonds payable Interest receivable Retained earnings Notes payable Investments Accumulated depreciation $281,700 Prepaid insurance 672,500 Contributed capital 183,600 Other revenue 216,900 Deferred revenue 904,000Depreciation expense 229,600 Accounts receivable 4,300 Rent expense 187,400 Cash 356,040 Accrued liabilities 146,400 Prepaid rent 128,900 Administrative and general expense (includes interest, utilities, etc.) 336,200 income tax payable $6,800 380,600 114,100 83,6001 57,750 607,5500 30,500 351,340 23,400 11,2001 64,300 Supplies expense o Required: A) Calculate the income before income tax. B) Calculate the income tax owed by the company if its tax rate is 40%. C) Calculate the net income. D) Prepare an adjusted trial balance. E) Prepare an income statement

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