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The following information relates to Sheffield Corp. for the year 2022. Retained earnings, January 1, 2022 $63,400 Advertising expense $ 2,400 Dividends during 2022 6,600

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The following information relates to Sheffield Corp. for the year 2022. Retained earnings, January 1, 2022 $63,400 Advertising expense $ 2,400 Dividends during 2022 6,600 Rent expense 13,700 Service revenue 82,500 Utilities expense 4,100 Salaries and wages expense 37,000 After analyzing the data, prepare an income statement for the year ending December 31, 2022. Sheffield Corp. Income Statement For the Year Ended December 31, 2022 V Revenues Service Revenue $ 82500 $

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