liabilities, and common stock of the company at June 30, 2017, and the revenues and expenses for the month of June, its first month of operations: Cash Accounts receivable Service revenue Supplies Advertising expense Equipment Common stock $ 5,500 4,490 8,400 2.340 400 26,900 22 270 Notes payable Accounts payable Supplies expense Maintenance and repairs expense Utilities expense Salaries and wages expense $13,800 990 1,060 660 240 2,300 In June, the company issued no additional stock but paid dividends of $1.570, Prepare an income statement for the month of June. Waterway Industries Income Statement Waterway Industries Balance Sheet June 30, 2017 Assets Cash $ 5,500 Total Assets $ Liabilities and Stockholders' Equity Liabilities Notes Payable 13.800 Accounts Payable 990 Total Liabilities $ 14,790