The income statement of Oriole Company for the month of July shows net income of $3,820 based on Service Revenue $7,800, Salaries and Wages Expese $2,290, Supplies Expense $920, and Utilities Expense $770. In reviewing the statement, you discover the following 1. Insurance expired during July of $520 was omitted. 2 Supplies expense includes $290 of supplies that are still on hand at July 31. 3. Depreciation on equipment of $150 was omitted. 4. Accrued but unpaid wages at July 31 of $350 were not included 5. Service performed but unrecorded totaled $740 Prepare a correct income statement for July 2017, ORIOLE COMPANY Income Statement July 31, 2017 Revenues Service Revenue 1,520 Expenses