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Prepare an income statement for the month ended July 3 1 , 2 0 2 3 for Foster Toys. Foster's account balances for the month

Prepare an income statement for the month ended July 31,2023 for Foster Toys. Foster's account balances for the month ending July 31,2023 are:
\table[[Cash,20,800],[Accounts Receivable,57,000],[Office Supplies,6,200],[Office Equipment,58,300],[Land,140,000],[Sales,160,000],[Cash Dividends,5,300]]
\table[[Rent Expense,16,600],[Utilities Expense,1,060],[Salaries expense,32,000],[Miscellaneous expense,1,290],[Retained earnings July 1,24,300],[Common Stock,152,250],[Accounts Payable,2,000]]
Income Statement
For the Month ended July 2023
Account Amount
$
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