Question 7 (20 Marks) Presented below is the adjusted trial balance of Taylor Investment Advisers as at 30 June 2021. Taylor Investment Advisers Trial Balance As at 30 June 2021 Debit $ Credit $ 32,000 6,500 1,500 5,000 145,000 1,250 20,500 Cash at Bank Accounts Receivable Office Supplies Prepaid Rent Equipment Accumulated Depreciation - Equipment Accounts Payable Salary Payable Interest Payable Revenue received in advance Bank loan (5 Years) Taylor's, Capital Taylor's, Drawings Service Revenue 2,250 250 4,000 100,000 30,000 2,500 44,000 Rent Expense 3,500 Salary Expense 4,500 250 Supplies Expense Depreciation Expense - Equipment Interest Expense 1,250 250 202,250 202,250 Required: a) Prepare Taylor Investment Advisers Income Statement for the year ended 30 June 2021. (8 Marks)