at

Sandhill Ltd. has a September 30 fiscal year end and a 15% income tax rate. The following information is available for its 2024 year end: 1. Earned $600,900 of service revenue and incurred $502,100 of operating expenses. Interest expense was $2,840. 2. On October 5, 2023, paid $56,800 of dividends that had been declared on September 25, 2023. 3. On September 28,2024 , declared $45,440 of dividends payable on October 8,2024 . 4. Retained earnings on September 30,2023 , were $269,800. 5. Issued common shares for $28,400 cash on July 2,2024 . (a) Prepare anincome statement