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The adjusted trial balance of Monty Corp. at December 31, 2022, includes the following accounts: Retained Earnings $16,900, Dividends 54.100. Service Revenue $35,700. Salaries and

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The adjusted trial balance of Monty Corp. at December 31, 2022, includes the following accounts: Retained Earnings $16,900, Dividends 54.100. Service Revenue $35,700. Salaries and Wages Expense $13.100. Insurance Expense $1.960, Rent Expense $3.960. Supplies Expense $1,400, and Depreciation Expense $880. Prepare an income statement for the year. MONTY CORP. Income Statement For the Year Ended December 31, 2022 Retained Earnings January 1 Retained Earnings 16900 Net Income / Loss Net Income / (Loss) 10000 Dividends 4100 Retained Earnings. December 31 23200

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