Given the adjusted trial balance for the Stoney Creek Resort, prepare the income statement for the year ended December 31, 2019. There were no owner investments during the year.
Stoney

\text {Creek Resort}

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\text {Adjusted Trial Balance}

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\text {December 31, 2019}

\begin{array} { l r r } & \text { Debit } & \text { Credit } \\ \text { Cash } & \$ 15,000 & \\ \text { Accounts receivable } & 30,000 & \\ \text { Supplies } & 3,200 & \\ \text { Prepaid insurance } & 7,500 & \\ \text { Land } & 40,000 & \\ \text { Building } & 160,000 & \\ \text { Accum. amortization-building } & & \$ 12,000 \\ \text { Equipment } & 75,000 & \\ \text { Accum. amortization-equipment } & & 8,500 \\ \text { Accounts payable } & & 12,000 \\ \text { Salary payable } & & 2,000 \\ \text { Unearned service revenue } & & 25,000 \\ \text { Mortgage payable } & & 100,000 \\ \text { Douglas Reycraft, Capital } && 60,000 \\ \text { Douglas Reycraft, Withdraw } & 23,000 & \\ \text { Service revenue } & & 257,200 \\ \text { Salary expense } &65,000 & \\ \text { Utilities expense } &24,000 & \\ \text { Insurance expense } &13,000 & \\ \text { Amortization expense-building } & 9,000 & \\ \text { Amortization expense-equipment } & 3,000 & \\ \text { Supplies expense } & 9,000 &\underline{\quad\quad} \\ \text { Total } & \$ 47,700 & \$ 46,700 \\ & & \\ & & \\ & & \\ & & \\ & & \\ & & \\ & & \end{array}

In Terms of Presentation, the Main Difference Between a Balance

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