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The adjusted trial balance for China Tea Company at December 31, 2021, is presented below: Credit Debit $ 11,000 165,000 9,000 26,000 310,000 Accounts Cash

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The adjusted trial balance for China Tea Company at December 31, 2021, is presented below: Credit Debit $ 11,000 165,000 9,000 26,000 310,000 Accounts Cash Accounts receivable Prepaid rent Supplies Equipment Accumulated depreciation Accounts payable Salaries payable Interest payable Notes payable (due in two years) Common stock Retained earnings Dividends Service revenue Salaries expense Advertising expense Rent expense Depreciation expense Interest expense Utilities expense Totals $ 131,000 16,000 3,880 1,700 31,000 150,000 227,300 22,000 340,000 190,000 72,000 16,000 37,000 2,800 40,000 $900,800 $900,800 Prepare an income statement for China Tea Company for the year ended December 31, 2021 CHINA TEA COMPANY Income Statement For the Year Ended December 31, 2021 Total Expenses $

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