2. These financial statement items are for Rugen Company at year-end, July 31, 2014. $ 3,000 5,200 9,780 6,000 4,000 4,000 36,000 Notes payable (long-term) Cash Accounts receivable Accumulated depreciation Owner's Drawings Depreciation expense Owner's capital (beginning of the year) $ 2,980 45,700 9,100 38,000 4,100 63,700 Salaries and wages payable Salaries and wages expense Utilities expense Equipment Accounts payable Service revenue Instructions (a) Prepare an income statement and an owner's equity statement for the year. The owner did not make any new investments during the year. (b) Prepare a balance sheet at July 31