e following transactions are July activities of Craig's Bowling, Inc a Craig's collected $13,300 from customers for games played in July. b. Craig's sold bowling merchandise inventory from its pro shop for $8,000, received $3,600 in cash and customers owed the rest on account. (The cost of goods sold (exper c. Craig's received $2,500 from customers who purchased merchandise in June on account d. The men's and ladies bowling leagues gave Craig's a deposit of $1,900 for the upcoming fall season. e. Craig's paid $1,800 on the electricity bill for June (recorded as expense in June). f. Craig's paid $4,500 to employees for work in July g Craig's purchased $1.800 in insurancefocoverage from July 1 to October 1. (Part is an expense for July and part is a prepaid expense to be used in future months ) h. Craig's paid $1,800 to plumbers for repairing a broken pipe in the restrooms. i. Craig's received the July electricity bill for $2,000 to be paid in August epare an income statement for Craig's Bowling, Inc., for the month of July