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The following information relates to Blossom Company for the year 2020. Retained earnings, January 1, 2020 Dividends during 2020 Service revenue Salaries and wages

The following information relates to Blossom Company for the year 2020. Retained earnings, January 1, 2020 Dividends during 2020 Service revenue Salaries and wages expense (a) $69,120 Advertising expense $2,592 7,200 Rent expense 14,976 90,000 Utilities expense 4,464 40,320 After analyzing the data, prepare an income statement for the year ending December 31, 2020.

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