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Jim's capital at the beginning of 2021 was $47,326. He made no intvestment during the year. Prepare the income statement. ORIOLE'S HOME RENOVATIONS Income Statement $ Oriole's Home Renovations was started in 2008 by tim Oriol Jimmopefates the Huskrees from an office in his home. Listed belon Alphabetical order, are the company'slassets and liabilities as ar December 31, 2021. and the revers, expenses, and drawings to the year ended December 31, 2027. Accounts payable $8,093 Operating expenses $3,721 Accounts receivable 9.987 Prepaid insurance X.689 8.926 Salaries expense/ 89/270 Equipntent 30,114 Service revenue 184,846 Insurance et pense 4.200 Supplies 1202/ Artexpense 79.6746 (1.204 Supplies exprinse 45,452 Orbie, drawings Wreathed revenue 15 p12 poney garaple 31.126 Vehicles 41.590 italpt the beginning 2021 was $47326. He wade no investiments during the year