Hi, the question is to orepare the balance sheet, not the income statement. Thanks a lot!

PROBLEM 3 These financial statement items are for Rugen Company at year-end, July 31, 2018 Salaries and wages payable Salaries and wages expense Utilities expense Equipment Accounts payable Service revenue Rent revenue Common stock 2,980 45,700 21,100 38,000 4,100 57,200 6,500 20,000 Notes payable (long-term) Cash Accounts receivable Accumulated depreciation 3,000 5,200 9,780 6,000 4,000 4,000 28,000 Dividends Depreciation expense Retained earnings (Aug. 1, 2017) Instructions Prepare a classified balance sheet at July 31