Aunt Bea's Catering Service provides catering service for special occasions. During 2022, Aunt Bea performed $128,300 of catering services and collected $118,500 of cash from customers. Salaries earned by Aunt Bea's employees during 2022 were $38,500. Aunt Bea paid employees $35,000 during 2022. Aunt Bea had $1,200 of supplies on hand at the beginning of the year and purchased an additional $8,000 of supplies inventory during the year. Supplies on hand at the end of 2022 were $1,830. Other selling and administrative expenses incurred during 2022 were $5,800.

a) calculate revenue and expenses for 2022

PREPARE THE 2022 STATEMENT OF EARNINGS