Prepare an income statement. ORIOLE DISTRIBUTING COMPANY Income Statement $ $ $ ORIOLE DISTRIBUTING COMPANY Adjusted Trial Balance December 31, 2022 Debit Credit Cash $ 12,430 $ Accounts Receivable 2,100 Inventory 7,564 Supplies 1,500 Equipment 22,000 Accumulated Depreciation-Equipment 2,400 Accounts Payable 3,900 Salaries and Wages Payable 900 Income Taxes Payable 100 Common Stock 15,000 Retained Earnings 23,100 Sales Revenue 15,900 Sales Discounts 306 Cost of Goods Sold 10,500 Salaries and Wages Expense 2,900 Depreciation Expense 200 Supplies Expense 1,700 Income Tax Expense 100 $ 61,300 $ 61,300