Following are the listed items of Grouper Rae Ltd. for the month of October, 2022:

Accounts payable		$11,400
Accounts receivable		14,700
Cash		10,700
Common shares		28,700
Dividends paid		6,700
Income tax expense		5,200
Equipment		30,700
Supplies		3,500
Supplies expense		4,200
Rent expense		3,700
Retained earnings, October 1		15,700
Salaries expense		7,700
Service revenue		32,700
Utilities expense		1,400

(a) Prepare a Statement Income

A A > >