Below are the account balances for Schroeder Corporation at the end of December Cash Salaries expense $5,500 2,600 Retained earnings 3,100 Advertising expense 1,286 Equipment 11,700 Service revenue 7,000 Common stock 8,700 Accounts payable 2,618 Use only the appropriate accounts to prepare an Income statement. Revenues: Expenses: SCHROEDER CORPORATION Income Statement For the year ended December 311 Total expenses