The accounts in the ledger of Dependable Delivery Service contain the following balances on July 31, 2014. Accounts Receivable $11,400 Prepaid Insurance $ 1,800 Accounts Payable 7,400 Maintenance and Repairs Expense 1,200 Cash 15,940 Service Revenue 15,500 Equipment 59,360 Dividends 800 Utilities Expense 950 Common Stock 40,000 Insurance Expense 600 Salaries and Wages Expense 8,400 Notes Payable, due 2017 31,450 Salaries and Wages Payable 900 Retained Earnings 5,200 (July 1, 2014) Instructions Prepare an income statement and a retained earnings statement for the month of July 2014, and a classified balance sheet for July 31.