These items are taken from the financial statements of Blossom Corporation for the year ended December 31, 2021: Land 170,000 Depreciation expense 6,200 Accounts receivable 13,700 Insurance expense 2,700 Salaries expense 121,800 Accumulated depreciation-equipment 18,100 Income taxexpense 6,000 Supplies 200 Operating expense 39,400 Supplies expense 1,000 Bankloan payable, due.2024 14,500 \begin{tabular}{l|l} Trading investments & 19,000 \end{tabular} Accumulateddepreciation-buildings18.000 Interest expense 1,500 interest revenue 500 Type here to search B (2) Additional information: 1. Blossom started the year with $27,000 of common shares and issued $6,200 more during the year. 2. Blossom must pay $1,500 of the bank loan payable next vear in 2022 (a1) Prepare a statement of income for the year. Prepare a statement of income for the year