Sharon Crawford created a corporation providing legal services, Sharon Crawford Inc., on July 1, 2022. On July 31 the balance sheet showed Cash $4,720, Accounts Receivable $2,950, Supplies $590, Equipment $5,900, Accounts Payable $4,956, Common Stock $7,316, and Retained Earnings $1,888. During August, the following transactions occurred.

Aug. 1		Collected $1,298 of accounts receivable due from customers.
4		Paid $3,186 cash for accounts payable due.
9		Performed services worth $6,372, of which $4,248 is collected in cash and the balance is due in September.
15		Purchased additional office equipment for $4,720, paying $826 in cash and the balance on account.
19		Paid salaries $1,652, rent for August $826, and advertising expenses $413.
23		Paid a cash dividend of $826.
26		Borrowed $5,900 from American Federal Bank; the money was borrowed on a 4-month note payable.
31		Incurred utility expenses for the month on account $456.

Prepare an income statement for August.

SHARON CRAWFORD INC. Income Statement choose the accounting period For the Month Ended August 31, 2022For the Year Ended August 31, 2022August 31, 2022
select an opening name for section one DividendsExpensesNet Income / (Loss)Retained Earnings, August 1Retained Earnings, August 31RevenuesTotal ExpensesTotal Revenues
enter an income statement item		$enter a dollar amount
select an opening name for section two DividendsExpensesNet Income / (Loss)Retained Earnings, August 1Retained Earnings, August 31RevenuesTotal ExpensesTotal Revenues
enter an income statement item	$enter a dollar amount
enter an income statement item	enter a dollar amount
enter an income statement item	enter a dollar amount
enter an income statement item	enter a dollar amount
select a closing name for section two DividendsExpensesNet Income / (Loss)Retained Earnings, August 1Retained Earnings, August 31RevenuesTotal ExpensesTotal Revenues		enter a total amount for section two
select a closing name for this statement DividendsExpensesNet Income / (Loss)Retained Earnings, August 1Retained Earnings, August 31RevenuesTotal ExpensesTotal Revenues		$enter a total net income or loss amount