The completed financial statement columns of the worksheet for Ivanhoe Company are shown as follows:

Ivanhoe Company Worksheet For the Year Ended December 31, 2022
		Income Statement				Balance Sheet
Account Titles		Dr.		Cr.		Dr.		Cr.
Cash						8,800
Accounts Receivable						10,600
Prepaid Insurance						3,000
Equipment						24,400
Accumulated DepreciationEquip.								4,500
Accounts Payable								8,900
Salaries and Wages Payable								2,500
Owners Capital								19,600
Owners Drawings						10,800
Service Revenue				60,100
Advertising Expense		1,600
Depreciation Expense		2,900
Insurance Expense		1,800
Salaries and Wages Expense		30,400
Utilities Expense		1,300
Totals		38,000		60,100		57,600		35,500
Net Income		22,100						22,100
		60,100		60,100		57,600		57,600

Prepare an income statement