Question 15 of 31 These items are taken from the financial statements of Sarasota Corporation for 2022 Retained earnings (beginning of year) $33.900 Utilities expense 2.130 Equipment 68,900 Accounts payable 23,270 Cash 11.250 Salaries and wages payable 4.260 Common stock 12,000 Dividends 12,000 Service revenue 71,860 Prepaid insurance 4,760 Maintenance and repairs expense 1670 Depreciation expense 3,110 Accounts receivable 16,670 Insurance expense 2,690 Salaries and wages expense 40.860 Accumulated depreciation-equipment 18.750 -/17 E (a1 Prepare an income statement for the year ended December 31, 2022. (Enter negative amounts using either a negative sign preceding the number eg-45 or parentheses eg. (45)) SARASOTA CORPORATION Income Statement