During the year, the company issued/sommon shares for $880. (a) Prepare a statement of income: IVANHOE SERVICES LTD. Statement of Income $ $ Ivanhoe Services Ltd. reports the following adjusted trial balance at August 31, 2024: Salaries payable Interest payable Rent payable Income tax payable Deferred revenue Bank loan payable, 2027 Common shares Retained earnings 5 Dividends declared Service revenue Salaries expense Rent expense Depreciation expense 2,290 1,490 1,260 1,490 630 25,500 4,990 5,160 570 50,790 19,220 12,160 2.230