Below is a fact scenario. Using the box provided to the right, prepare an Income Statement for Carrie's Catering Service for the year ending December 31, 2019, demonstrating that Carrie earned income of $91,500. Assume the company is not subject to income tax. You are expected to provide at least 5 separate expense accounts. 130,000 During the spring semester of her senior year, Carrie decided to open a catering business. She created her business in December 2018 by investing $15,000 of her own money and she borrowed $10,000 from the bank by signing a two-year note payable promising to pay interest every 12 months with the first interest payment due December 31, 2019. On January 1, 2019 she rented a small kitchen space and purchased a stove, supplies, and food. At the end of 2019 Carrie had no supplies or food left over. Net sales Expenses Stove food Worker wage Interest Cell phone bill Rent 5,000 11,000 10,000 500 1,000 5,000 Supplies Depreciation Total expense Net income 10,000 2,200 44,700 85,300 A review of the checkbook showed the following: Bank deposits of collections from customers totaled $100,000. The following checks had been written: disposable plates and utensils, $7,000; food, $11,000; buying a used stove $5,000; workers' wages, $10,000; interest on the loan, $500; cell phone bill, $1,000; rent, $5,000. A notebook kept in the kitchen reflected the following: Customers still owed her $30,000 for catering services already rendered and she owed $3,000 for disposable plates and utensils (credit card charges). In addition, Carrie estimated that she used up one fifth of the stove during 2019