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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

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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 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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