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The following information relates to Cheyenne Corp. for the year 2022. Retained earnings, January 1, 2022 $65,300 Advertising expense $2,400 Dividends during 2022 6,800

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The following information relates to Cheyenne Corp. for the year 2022. Retained earnings, January 1, 2022 $65,300 Advertising expense $2,400 Dividends during 2022 6,800 Rent expense 14,100 Service revenue 85,000 Utilities expense 4,200 Salaries and wages expense 38,100 (a) After analyzing the data, prepare an income statement for the year ending December 31, 2022. Cheyenne Corp. Income Statement $

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