The following transactions are July activities of Bennett's Bowling, Inc. a. Bennett's collected $13,300 from customers for games played in July b. Bennett's sold bowling merchandise inventory from its pro shop for $8,200; received $2,700 in cash and customers owed the rest on account. [Consider only the effect on revenue here. Do not consider cost of goods sold for this question.] c. Bennett's received $3,000 from customers who purchased merchandise in June on account. d. The men's and ladies' bowling leagues gave Bennett's a deposit of $2,200 for the upcoming fall season. e. Bennett's provided to customers bowling merchandise inventory costing Bennett's $3,390. (Consider only the effect on cost of goods sold (expense] here.) f. Bennett's paid $1,900 on the electricity bill for June (recorded as an expense in June). g. Bennett's paid $5,200 to employees for work in July. h. Bennett's purchased $1,560 in insurance for coverage from August 1 to November 1. i. Bennett's paid $1,100 to plumbers for repairing a broken pipe in the restrooms. j. Bennett's received the July electricity bill for $2,300 to be paid in August. Prepare an unadjusted income statement for Bennett's Bowling, Inc., for the month of July. BENNETT'S BOWLING, INC. Unadjusted Income Statement For the Month of July Revenues: Games revenue Sales revenue 13,300 8,200 2,200 23,700 Unearned revenue Total revenues Expenses: Cost of goods sold Utilities expense 3,390 1,900 5,200 Wages expense Insurance expense Repairs expense 1,100 11,590 Total expenses Net income