The income statement for the Sheffield Golf Club Inc. for the month ended July $31$ shows Service Revenue $$17,350,$ Salaries and

Wages Expense $$9,000,$ Maintenance and Repairs Expense $$2,850,$ and Income Tax Expense $$1,290.$ The statement of retained

earnings shows an opening balance for Retained Earnings of $$22,070$ and Dividends $$1,990.$