4:07:36 E4-10 (Static) Determining Adjusted Income Statement Account Balances [LO 4-1, LO 4-2] Partial comparative income statements are presented below for Commonplace Corporation. COMMONPLACE CORPORATION (Partial) Income Statements For the Years Ended December 31 Service Revenue Utilities Expense look Salaries and Wages Expense Rent, Insurance, and Supplies Expense int Depreciation and Amortization Expense int Income before Income Tax Expense rences 2021 $705,000 2020 $730,000 20,000 24,000 405,000 460,000 163,000 142,000 17,000 $100,000 4,000 $100,000 The company's manager provides the following additional information: a. The company received a bill for $2,400 of electricity and other utility services used in December 2021, but recorded it only when paid in January 2022. b. A customer's $15,000 payment was received and included as service revenue on January 2, 2021, even though it was for