This alphabetized adjusted trial balance is for GalaVu Entertainment as of its December $31,2023,$ year$-$end: This alphabetized adjusted trial balance is for GalaVu Entertainment as of its December $31,2023,$ year$-$end:

$\backslash$table$[[,$Debit,Credit$],[$Accounts payable,,$ $44,900],[$Accounts receivable,$ $19,600,],[$Accumulated depreciation, automobiles,,$69,900],[$Accumulated depreciation, equipment,,$21,400],[$Advertising expense,$9,900,],[$Automobiles$,149,000,],[$Cash$,11,900,],[$Depreciation expense, automobiles,$14,100,],[$Depreciation expense, equipment,$5,000,],[$Equipment$,69,500,],[$Revenue$,,258,900],[$Interest income,,$150],[$Interest expense,$4,400,],[$Interest payable,,$75],[$Interest receivable,$300,],[$John Conroe, capital,,$23,900],[$John Conroe, withdrawals,$19,900,],[$Land$,39,500,],[$Long$-$term notes payable,,$124,000],[$Notes receivable $($due in $90$ days$),84,500,],[$Office supplies,$4,900,],[$Office supplies expense,$13,900,],[$Repairs expense, automobiles,$9,300,],[$Salaries expense,$77,125,],[$Salaries payable,,$6,400],[$Unearned revenue,,$11,900],[$Wages expense,$28,700,],[$Totals$,$$ $561,525,$$ $561,525]]$

$\backslash$table$[[,$Debit,Credit$],[$Accounts payable,,$ $44,900],[$Accounts receivable,$ $19,600,],[$Accumulated depreciation, automobiles,,$69,900],[$Accumulated depreciation, equipment,,$21,400],[$Advertising expense,$9,900,],[$Automobiles$,149,000,],[$Cash$,11,900,],[$Depreciation expense, automobiles,$14,100,],[$Depreciation expense, equipment,$5,000,],[$Equipment$,69,500,],[$Revenue$,,258,900],[$Interest income,,$150],[$Interest expense,$4,400,],[$Interest payable,,$75],[$Interest receivable,$300,],[$John Conroe, capital,,$23,900],[$John Conroe, withdrawals,$19,900,],[$Land$,39,500,],[$Long$-$term notes payable,,$124,000],[$Notes receivable $($due in $90$ days$),84,500,],[$Office supplies,$4,900,],[$Office supplies expense,$13,900,],[$Repairs expense, automobiles,$9,300,],[$Salaries expense,$77,125,],[$Salaries payable,,$6,400],[$Unearned revenue,,$11,900],[$Wages expense,$28,700,],[$Totals$,$$ $561,525,$$ $561,525]]$Use the information in the trial balance to prepare:

a$.$ The income statement for the year ended December $31,2023.$

$\backslash$table$[[$GALAVU ENTERTAINMENT,,$],[$Income Statement,,$],[$Rer Year Ended December $31,2023,,],[,,],[$Total revenues,,$],[$Operating Expenses:,,$],[,,],[,,],[,,],[,,],[,,],[,,],[,,],[,,],[,,],[,,],[,,],[,,],[,,]]$