Windsor Design was founded by Thomas Grant in January 2016. Presented below is the adjusted trial balance as of December 31. 2025 Windsor Design Adjusted Trial Balance December 31, 2025 Debit Credit Cash $11,485 Accounts Receivable Supplies Prepaid Insurance Equipment 21,985 5,485 2,985 60,485 Accumulated Depreciation-Equipment $35,485 Accounts Payable 5,485 Interest Payable 198 Notes Payable 6,600 Unearned Service Revenue 6,085 Salaries and Wages Payable: 1,456 Common Stock 10.485 Quiz 2 Ch 2 Question 7 of 7 < Common Stock 10,485 Retained Earnings 3,985 Service Revenue 61.985 Salaries and Wages Expense 11,785 Insurance Expense 1,006 Interest Expense 548 Depreciation Expense 8.600 Supplies Expense 3,400 Rent Expense 4,000 $131,764 $131,764 (a1) -/16 E 21 (a1) Prepare an income statement for the year ending December 31, 2025. (Enter loss using either a negative sign preceding the number eg.-45 or parentheses eg. (45)) WINDSOR DESIGN Income Statement