Problem 1-3 (Part Level Submission) On June 1, 2017, Sunland Company was started with an initial investment in the company of $22,470 cash. Here are the assets, liabilities, and common stock of the company at June 30, 2017, and the revenues and expenses for the month of June, its first month of operations: $ 4,770 Cash Notes payable $12,340 Accounts payable Accounts receivable 4,110 610 Service revenue Supplies expense 7,670 1,090 Maintenance and repairs expense 690 Supplies 2,310 Advertising expense Utilities expense 400 210 Salaries and wages expense Equipment 26,170 1,570 Common stock 22,470 In June, the company issued no additional stock but paid dividends of $1,770. (a1) Prepare an income statement for the month of June. Sunland Company Income Statement