Below are the account balances for Cowboy Law Firm at the end of December. Accounts Cash Salaries expense Accounts payable Retained earnings Utilities expense Supplies Service revenue Common stock Balances $ 5,000 2,000 3,000 4,000 1,100 13,400 8,900 5,600 Required: Use only the appropriate accounts to prepare an income statement. COWBOY LAW FIRM Income Statement For the Period Ended December 31 Service revenue $ 8,900 Expenses: Supplies 13,400 Utilities expense 1,100 Salaries expense 2,000 16,500 Total expenses 33,000 Net income $ (7,600) X *Red text indicates no response was expected in a cell or a formula-based calculation is incorrect; no points deducted