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The income statement of Pharoah Compary for the month of July shows net income of $2.560 based on Service Revenue $7,040, Salaries and Wages Expense

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The income statement of Pharoah Compary for the month of July shows net income of $2.560 based on Service Revenue $7,040, Salaries and Wages Expense \$2,688, Supplies Expense \$1, 152, and Utilities Expense \$640. In reviewing the statement, you discover the following 1. Insurance expired during July of 5448 was omitted. 2. Supplies expense includes $256 of supplies that are still on hand at July 31 . 3. Depreciation on equipment of $192 was omitted, 4. Unpaid wages at Maly 31 of $456 were not included. 5. Services performed but unreoorded totaled 5896. Prepare a comect incomestatement for July 2022

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