Question 3 of 5 -17 III The income statement of Sandhill Co. for the month of July shows net income of $4,140 based on Service Revenue $8,110, Salaries and Wages Expense $2,350, Supplies Expense $940, and Utilities Expense $680. In reviewing the statement, you discover the following: 1 2. 3. Insurance expired during July of $530 was omitted. Supplies expense includes $300 of supplies that are still on hand at July 31. Depreciation on equipment of $340 was omitted. Accrued but unpaid wages hat July 31 of $490 were not included. Service performed but unrecorded totaled $680. 4. 5. Prepare a correct income statement for July 2022. SANDHILL CO. Income Statement SANDHILL CO. Income Statement $ e Textbook and Media List of Accounts Save for Later Attempts: 0 of 15 used Submit