4. Pont X C Search Textbook Solutions I Che X + ses/26964/assignments/25870807 module_item_id=9748335 Pharoah Company, a ski tuning and repair shop, opened on November 1, 2021. The company carefully kept track of all its cash receipts and cash payments. The following information is available at the end of the ski season, April 30, 2022 Cash Receipts Cash Payments Issuance of common shares $20,800 Payment to purchase repair shop equipment $9,060 Rent payments to landlord 1.260 Newspaper advertising payment 390 Utility bill payments 940 Part-time helper's wage payments 2,750 Income tax payment 10.100 Cash receipts from ski and snowboard repair services 31,300 Subtotals 52,100 24,500 Cash balance 27,600 $52.100 $52.100 Totals The repair shop equipment was purchased on November 1 and has an estimated useful life of 5 years. Lease payments to the 3:25 PM 9/28/2019 * Search fotbolletion + So n ments/256700module item id-9748335 The repair shop equipment was purchased on November 1 and has an estimated useful life of 5 years. Lease payments to the landlord are made at the beginning of each month. The part-time helper is owed $455 at April 30,2022. for unpaid wages. At April 30, 2022 customers owe Pharoah Company $460 for services they have received but have not yet paid for. Prepare an accrual basis income statement for the 6 months ended April 30, 2022 PHAROAH COMPANY Income Statement 326 PM 9/28/201 lenovo