Metlock Inc., a provider of consulting services, was founded on October 1, 2022. At the end of the first month of operations, the company decided to prepare an income statement, retained earnings statement, and balance sheet using the following information. Accounts payable $ 3,300 Supplies $ 2,490 Interest expense 430 Supplies expense 430 Equipment (net) 50,000 Depreciation expense 230 Salaries and wages expense 2,200 Service revenue 21,460 Bonds payable 22,800 Salaries and wages payable 520 Unearned service revenue 4,130 Common stock 9,000 Accounts receivable 1,350 Interest payable 170 Cash 4,250

METLOCK INC. Income Statement $ $ $