The following financial statement items are for Batra Corporation at year-end, July 31, 2025.

InstructionsPrepare an income statement, retained earnings statement, and balance sheet for the year.

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Operating expenses Salaries and wages expense Unearned sales revenue Utilities expense Equipment Accounts payable Service revenue Rent revenue Common stock Cash Accounts receivable Accumulated depreciation- equipment $ 32,500 44,700 12,000 2,600 62,900 4,220 113,600 18,500 25,000 5,060 17,100 6,000 Interest payable Supplies expense Dividends declared Depreciation expense Retained earnings, August 1, 2024 Rent expense Income tax expense Supplies Debt investments (short-term) Bank loan payable (due December 31, 2025) Interest expense $ 1,000 900 12,000 3,000 17,940 10,800 5,000 1,500 20,000 21,800 2,000