Blue Corporation began operations on January 1, 2022. The following information is available for Blue Corporation on December 31. 2022. Accounts payable $6,300 Bank loan payable $8,820 Accounts receivable 3,780 Rent expense 3,024 Advertising expense 2,520 Retained earnings (Dec. 31) 2 Cash 3,906 Salaries expense 7.308 Common shares (Dec. 31) 18,900 Service revenue 31.500 Dividends declared 3.150 Supplies 2394 Equipment 35.028 Supplies expense 2.142 Income tax expense 2.268 (a) Prepare a statement of income for Blue Corporation. (Enter negative amounts using either a negative sign preceding the number eg. 45 or parentheses eg. (45).) BLUE CORPORATION