On October 1, Sasha Shandi organized Best Answers a new consulting firm. On October 31, the com¬ pany’s records show the following items and amounts. Use this information to prepare an October in¬ come statement for the business.

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Cash $ 2,000 Accounts receivable Cash withdrawals by owner 13,000 Consulting fees earned ... $3.360 15,000 Office supplies 4,250 Rent expense 2,550 Land 36,000 Salaries expense 6.000 Office equipment 28,000 Telephone expense 660 Accounts payable 7,500 Miscellaneous expenses 680 Owner investments 74,000