2. The income statement of Zhou Ltd. for the month of July shows net income of Prepare correct income NT$140,000 based on Service Revenue NT$550,000, Salaries and Wages Expense Statement NT$230,000, Supplies Expense NT$120,000, and Utilities Expense NT$60,000. In reviewing (LO 2,3,4,5,6) the statement, you discover the following. 1. Insurance expired during July of NT$45,000 was omitted. 2. Supplies expense includes NT$30,000 of supplies that are still on hand at July 31. 3. Depreciation on equipment of NT$18,000 was omitted. 4. Accrued but unpaid salaries and wages at July 31 of NT$40,000 were not included. 5. Services performed but unrecorded totaled NT$60,000