Flounder Company ended its fiscal year on July 31, 2022. The company's adjusted trial balance as of the end of its fisc year is shown as follows. Credit No. 101 112 157 158 201 208 311 320 Flounder Company Adjusted Trial Balance July 31, 2022 Account Titles Debit Cash $8,000 Accounts Receivable 9,500 Equipment 16,500 Accumulated Depreciation-Equip. Accounts Payable Unearned Rent Revenue Common Stock Retained Earnings Dividends 16,000 Service Revenue Rent Revenue Depreciation Expense 8,000 Salaries and Wages Expense 55,800 Utilities Expense 15,500 $129,300 $7,300 4,100 2,100 16,900 27,400 332 400 64,500 7,000 429 711 726 732 $129,300 Prepare an income statement for the year. (Enter negative amounts using either a negative sign preceding the number eg. -45 or parentheses eg. (45).) Flounder Company Income Statement $