prepare a corrected income statement

LISBEIH REYES PERALTA 1. The following bills were received on March 31: A utility bill for $200, advertising $400, and repairs $500. 2. The rent revenue includes advanced rentals of $10,000 for summer rentals. 3. Supplies on hand on March 31 were $1,000. The supplies account has a balance of $4,500. 4. Green Day prepaid $2,400 for a one-year insurance polloy at the beginning of the year. 5. Salaries expense totals $200 per day. As of March 31 , 4 days of salaries have been incurred but not yet paid or recorded. 6. Green Day borrowed $18,000 on January 1, 2022 by issuing notes payable. The interest rate is 4%. Instructions: Prepare a corrected income statement