Roswell Company is developing its annual financial statements for December 31, 2022.
Roswell Company
Adjusted Trial Balance
December 31, 2022
Cash	45,500
Accounts Receivable	13,290
Prepaid Insurance	400
Inventory	13,760
Machinery	15,300
Accumulated Depr - Machinery	3,060
Building	69,500
Accumulated Depr - Building		13,900
Accounts Payable		2,390
Salaries Payable		1,540
Unearned Income		1,300
Notes Payable		18,000
Preferred Stock		10,000
Common Stock		15,000
Dividends	1,000
Retained Earnings		3,650
Merchandise Sales		90,230
Merchandise Accessories		34,200
Salaries Expense	12,830
Depreciation Expense - Mach	3,060
Depreciation Expense - Bldg	13,900
Insurance Expense	4,000
Internet Expense	730
Totals	193,270	193,270
Required:
Prepare an Income Statement