The income statement for the Windsor, Inc. for the month ended July 31 shows Service Revenue $17,610, Salaries and Wages Expense $8,490, Maintenance and Repairs Expense $3,250, and Income Tax Expense $1,490. The statement of retained earnings shows an opening balance for Retained Earnings of $20,700 and Dividends $1,430. Collapse question part (a) Partially correct answer. Your answer is partially correct.