The Sky Blue Corporation has the following adjusted trial balance at December 31.

Prepare an income statement for the year ended December 31.

Thank you very much

The Sky Blue Corporation has the following adjusted trial balance at December 31 1,250 Accounts Receivable 2,200 Prepaid Insurance 2,500 Notes Receivable (long-term) 3,200 Equipment 12,200 2,800 Accumulated Depreciat Accounts Payable 5,520 1,200 Salaries and Wages Payable 3,100 Income Taxes Payable Unearned Revenue Common Stock 2,600 1,200 Retained Earnings Dividends Sales Revenue 42,730 320 Rent Revenue Salaries and Wages Expense 21,800 1,400 Depreciation Expense 4,420 Utilities Expense 1,500 Insurance Expense 6,200 Rent Expense 3,100 Income Tax Expense $60,090 $60,090 Total