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The income statement for the Shamrock, Inc. for the month ended July 31 shows Service Revenue $17,510, Salaries and Wages Expense $9,760, Maintenance and

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The income statement for the Shamrock, Inc. for the month ended July 31 shows Service Revenue $17,510, Salaries and Wages Expense $9,760, Maintenance and Repairs Expense $3,070, and Income Tax Expense $1,400. The statement of retained earnings shows an opening balance for Retained Earnings of $24,760 and Dividends $1,660.

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