The income statement of Sandhill Co. for the month of July shows net income of $1,960 based on Service Revenue $5,390, Salaries and Wages Expense $2,058, Supplies Expense $882, and Utilities Expense \$490. In reviewing the statement, you discover the following: 1. Insurance expired during July of $343 was omitted. 2. Supplies expense includes $196 of supplies that are still on hand at July 31 . 3. Depreciation on equipment of $147 was omitted. 4. Unpaid wages at July 31 of $351 were not included. 5. Services performed but unrecorded totaled $686. Prepare a correct income statement for Julv 2022