Longhorn Corporation provides low-cost food delivery services to senior citizens. At the end of the year, the company reports the following amounts:

Cash	$	1,240
Equipment		25,480
Accounts payable		3,520
Delivery expense		1,480
Salaries expense		4,600
Service revenues		62,800
Cost of goods sold (food expense)		50,800
Building		30,700
Supplies		2,300
Salaries payable		720

In addition, the company had common stock of $30,900 at the beginning of the year and issued an additional $3,460 during the year. The company also had retained earnings of $15,200 at the beginning of the year.

Required:

Prepare the following for Longhorn Corporation.

(a)	Income Statement.(Input all amounts as positive values. Omit the "$" sign in your response.)