Below are the account balances for Schroeder Corporation at the end of December.

Accounts Balances

Cash $ $8,500$

Salaries expense $1,000$

Retained earnings $3,800$

Advertising expense $540$

Equipment $14,600$

Service revenue $6,800$

Common stock $8,600$

Accounts payable $3,020$

Use only the appropriate accounts to prepare an income statement.