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The income statement for the month of June, 2021 of Metlock Enterprises contains the following information $7330 $7330 Revenues Expenses Salaries and Wages Expense Rent

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The income statement for the month of June, 2021 of Metlock Enterprises contains the following information $7330 $7330 Revenues Expenses Salaries and Wages Expense Rent Expense Advertising Expense Supplies Expenso Insurance Expense Total expenses Net income 2960 1530 880 300 13000 $-5670 At June 1, 2021, Metlock reported retained earnings of $32500. The company had no dividends during June. At June 30, 2021, the company will report retained earnings of 532500 $39830 $19500 $26830

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