Current Attempt in Progress The adjusted trial balance for Sandhill's Animations is presented below. Cash SANDHILL COMPANY Adjusted Trial Balance December 31, 2021 Accounts receivable Prepaid expenses Equipment Accumulated depreciation-equipment Accounts payable Unearned revenue Debit $3,400 4,700 2,700 49,000 Credit $18,375 5,400 10,300 Unearned revenue M. Sandhill, capital M. Sandhill, drawings Service revenue Rent expense Salaries expense Supplies expense Depreciation expense 16,000 8,500 25,500 2,400 6,125 10,300 19,450 64,800 $118.325 $118.325 Question 3 of 4 Depreciation expense Revenues Service Revenue < Expenses 6,125 $118,325 Prepare an income statement for the year. Mr. Sandhill invested $5,500 cash in the business during the year. (Enter negative amounts using either a negative sign preceding the number eg 45 or parentheses eg.(45).) $118,325 SANDHILL COMPANY Income Statement Year Ended December 31, 2021 8,500 -15 E 64,800 23C Partly su...