On June 1, 2022, Oriole Company was started with an initial investment in the company of $23,100 cash. Here are the assets, liabilities, and common stock of the company at June 30, 2022 and the revenues and expenses for the month of June, its first month of operations: $13,820 Cash Accounts receivable Service revenue Supplies Advertising expense Equipment Common stock $5,510 4,300 8.400 2.413 400 28,500 23,100 Nqtes payable Accounts payable Supplies expense Maintenance and repairs expense Utilities expense Salaries and wages expense 800 1,080 610 290 1.400 During June, the company issued no additional stock but paid dividends of $1,617 Question 8 of 8 -/5 ORIOLE COMPANY Balance Sheet For the Month Ended June 30, 2022 Assets Cash 5150 28500 Equipment Common Stock 23100 Accounts Receivable 4300 Total Assets 61050 Liabilities and Stockholders' Equity Long-term Investments $ $ List of Accounts Prepare a retained earnings statement for the month of June. (List items that increase retained earnir ORIOLE COMPANY Retained Earnings Statement For the Month Ended June 30, 2022 $ 0 Retained Earnings, June 1 80220 Add : Net Income /(Loss) 80220 Less Dividends - 1617 78603 V Retained Earnings, June 30 e Textbook and Media List of Accounts Prepare an income statement for the month of June. ORIOLE COMPANY Income Statement For the Month Ended June 30, 2022 Revenues $ Service Revenue 84000 Expenses Advertising Expense $ 400 Supplies Expense 1080 Maintenance and Repairs Expense 610 Utilities Expense 290 Salaries and Wages Expense 1400 Total Expenses 3780 Net Income /(Loss) 80220 e Textbook and Media Assistance Used List of Accounts Assistance Used @ ORI