The adjusted trial balance of Sain Corporation at December 31, 2007, includes the following accounts: Retained Earnings $17,200; Dividends $6,000; Service Revenue

$37,000; Salaries Expense $13,000; Insurance Expense $1,800; Rent Expense $3,500; Supplies Expense $1,200; and Depreciation Expense $1,000. Prepare an income statement for the year.