View Policies Current Attempt in Progress The income statement for the year 2020 of Poole Co. contains the following information: Revenues $150,000 Expenses: Salaries and Wages $90,000 Expense Rent Expense 32,000 Advertising Expense 12,000 Supplies Expense 12,000 Utilities Expense 5,000 Insurance Expense 4,000 155,000 Total expenses Net income (loss) $(5,000)