Liability Insurance Market 2005

Liability Insurance Market 2005
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I am trying to find the increase of net incom here:?

1.A bank loan had been obtained on Dec 1. Accrued interest on the loan at Dec. 31st amounted to 1,250. No interest expense has been recorded.
2. Depreciation of the firm’s office building is based on an estimated life of 25 years. the building was purchased in 2005 for 350,000
3. Accrued, but unbilled, revenue during Dec. amounts to 51,000
4 On March 1st the firm paid 1,400 to renew a 12 month insurance policy. The entire amount was recorded as prepaid insurance.
5. The firm recieved 14,000 from Biscuit Company in advance of developing a 6 month marketing campaign. The entire amount was initailly recorded as unearned Revenue. At Dec.31st 3,800 had actually been earned by the firm.
6.The company is to pay the employees every friday. Since Dec 31st fell on a Wed. there was a current liability for salaries amounting to 2,500.
I have all the correct journal entries but I can’t seem to come up with the net income.

1. The accrued interest liability of 1,250 is a minus figure.

2. Depreciation 14,000 is a minus figure.

3. Accrued revenue 51,000 is a plus figure.

4. Ten month’s expense out of 1400 = 1166.67 should be recorded as expenses. 233.33 will be the only pre paid insurance.

5. 10,200 should be reversed from the revenue figure leaving only 3800 as the earned income.

6. Since salary for 7 days would be 2,500. One day falls in the next year. 1/7th of 2,500 will go to next year. Net salary figure would be 6/7th of 2,500. This should be added to current expense.

Now, work out the net income figure yourself.