On July 1, 2023, Academic Learning Services entered its second month of operations. On July 31, 2023, Breanne Allarie, the owner, finalized the companys records that showed the following items.

Accounts payable	$	2,650
Accounts receivable		4,300
Cash		3,900
Computer equipment		4,500
Furniture		4,100
Breanne Allarie, capital, June 30, 2023*		16,600
Office rent expense		4,800
Owners investments during July 2023		3,500
Owners withdrawals		3,300
Supplies		2,200
Textbook rental revenue		530
Tutoring revenue		6,500
Tutors wages expense		1,770
Utilities expense		910

*Hint: The ending capital balance for one period is the beginning capital balance for the next period. Use the above information to prepare a July income statement.