Sunland's Home Renovations was started in 2008 by Jim Sunland. Jim operates the business from an office in his home. Listed below, in alphabetical order, are the company's assets and liabilities as at December 31, 2021, and the revenues, expenses, and drawings for the year ended December 31, 2021: Accounts payable $ 7,866 Operating expenses $ 3,076 Accounts receivable 10,835 Prepaid insurance 1,798 Cash 8,416 Salaries expense 88,857 Equipment 28.829 Service revenue 158,377 Insurance expense 3,750 Supplies 773 Interest expense 1,006 Supplies expense 20,157 J. Sunland, drawings 45,621 Unearned revenue 14,123 Notes payable 30,634 Vehicles 42,710 Jim's capital at the beginning of 2021 was $ 44,828. He made no investments during the year. SUNLAND'S HOME RENOVATIONS Income Statement A