Question 3 of 5 \begin{tabular}{|c|c|c|c|c|} \hline 4 & \multicolumn{2}{|c|}{\begin{tabular}{c} Before \\ Adjustment \end{tabular}} & \multicolumn{2}{|c|}{\begin{tabular}{c} After \\ Adjustment \end{tabular}} \\ \hline & Dr. & Cr. & Dr. & Cr. \\ \hline Cash & $10,720 & & $10,720 & \\ \hline Accounts Receivable & 8,450 & & 9,040 & \\ \hline Supplies: & 2,520 & & 1,310 & \\ \hline Prepaid Insurance & 4,430 & & 2,970 & \\ \hline Equipment & 16,000 & & 16,000 & \\ \hline Accumulated Depreciation-Equipment & & $3.600 & & $4,800 \\ \hline Accounts Payable & & 5,410 & & 5,410 \\ \hline Salaries and Wages Payable & & 0 & & 1,720 \\ \hline Unearned Rent Revenue & & 2,160 & & 1.270 \\ \hline Common Stock & & 18,700 & & 18,700 \\ \hline Retained Earnings & & 5,700 & & 5,700 \\ \hline Dividends & 2,500 & & 2,500 & \\ \hline Servire Revenue. & & 33.920 & & 34510 \\ \hline \end{tabular} Prepare the income statement for the year ended August 31 Question 3 of 5 ./15 \begin{tabular}{|c|c|c|c|c|} \hline Accumulated Depreciation-Equipment & & $3,600 & & $4,800 \\ \hline Accounts Payable & & 5,410 & & 5,410 \\ \hline Salaries and Wages Payable & & 0 & & 1,720 \\ \hline Unearned Rent Revenue & & 2,160 & & 1.270 \\ \hline Common Stock & & 18,700 & & 18.700 \\ \hline Retained Earnings & & 5,700 & & 5,700 \\ \hline Dividends & 2,500 & & 2,500 & \\ \hline Service Revenue & & 33,920 & & 34,510 \\ \hline Rent Revenue & & 13,590 & & 14,480 \\ \hline Salaries and Wages Expense & 16,920 & & 18,640 & \\ \hline Supplies Expense & 0 & & 1,210 & \\ \hline Rent Expense & 21,540 & & 21,540 & \\ \hline Insurance Expense & 0 & & 1,460 & \\ \hline \multirow[t]{2}{*}{ Depreciation Expense } & 0 & & 1,200 & \\ \hline & $83,080 & $83.080 & $86,590 & $86,590 \\ \hline \end{tabular}