Flint Equipment Repair began operating in September 2017. It prepares financial statements at the end of each month. On November 1, 2017, a tabular summary includes the following information. Note that Flint began the month with $3,460 in Retained Earnings. This balance represents the results of its first two months of business. Assets Stockholde Cash + 11/1 Bal. 3.250 + Accts. Rec. 3,080 + Supplies 1.580+ Liabilities Unearn Serv. Rev. 400+ . Depr: Equip. 500 Equip 10.460 Accts, Pay + 2.760+ + Sal./Wages + Com Pay Stock 790 + 10,460 + + + During November, the following summary transactions were completed. Nov. 8 10 12 15 17 20 22 25 27 29 Paid $1.220 for salaries due employees, of which $430 is for November and $790 is for October salaries payable. Received $1,840 cash from customers in payment of account. Received $3,800 cash for services performed in November. Purchased store equipment on account $3,670 Purchased supplies on account $1,330. Paid creditors $2.550 of accounts payable due. Paid November rent $480. Paid salaries $1.040. Performed services on account worth $980 and billed customers. Received $830 from customers for services to be performed in the future. Adjustment data: 1. 2. Supplies on hand are valued at $1,220. Accrued salaries payable are $520. Depreciation for the month is $280. Services were performed to satisfy $550 of unearned service revenue. 3. 4. Prepare an income statement for November 30. Flint Equipment Repair