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The following items and amounts were taken from Wildhorse Inc's 2022 Statement of income and statement of financial position. Cash $103,460 $108,535 Retained earnings 151,054
The following items and amounts were taken from Wildhorse Inc's 2022 Statement of income and statement of financial position. Cash $103,460 $108,535 Retained earnings 151,054 713,661 Salaries expense 535,566 Accounts receivable Service revenue Income tax payable Accounts payable Rent revenue 7,299 Office expense 133,489 60,507 Prepaid insurance 10,454 5,929 Inventory 78.994 Interest expense 3,695 Income tax expense 6.916 Prepare a statement of income for Wildhorse Inc. for the year ended December 31, 2022. WILDHORSE INC. Statement of income $
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