would you please show the work.

You are the loan manager for a bank. A business customer. Wireless Network Devices. has applied for a loan to expand its business. In support of the loan application, the company has supplied an income statement for the last six months that shows a net income of S 12,000. The following factors were not considered in the preparation of the income statement: Salaries of $3000 are owed to workers for last month but have not beten paid or recorded as an expense. Interest of $1000 is owed to another bank and has not been recorded. a) What effect does the omission (leaving something out) of these two ifems have on the firm's net income? b) What is the correct net income? Expense Salaries c) What accounting prineiple has not been followed