The following items and amounts were taken from Pharoah Company's 2022 income statement and balance sheet, the end of its first year of operations. $ 2,000 750 Interest expense Interest payable Notes payable Sales revenue 12,500 45,100 2,800 16,900 Equipment, net Depreciation expense Supplies Common stock Retained earnings Supplies expense $ 54,400 3,000 4,000 25,750 ? Cash Salaries and wages expense 1,000 Prepare an income statement for Pharoah Company for December 31, 2022. Pharoah Company Income Statement For the Year Ended December 31, 2022 Retained Earnings, January 1 $ Revenues $ Total Expenses Net Income /(Loss) $