The income statement of Sunland Company for the month of July shows net income of $2,280 based on Service Revenue $6,270, Salaries and Wages Expense $2,394, Supplies Expense $1,026, and Utilities Expense $570. In reviewing the statement, you discover the following: 1. 2. 3. 4. 5. Insurance expired during July of $399 was omitted. Supplies expense includes $228 of supplies that are still on hand at July 31. Depreciation on equipment of $171 was omitted. Accrued but unpaid wages at July 31 of $407 were not included. Services performed but unrecorded totaled $798. Prepare a correct income statement for July 2022. SUNLAND COMPANY Income Statement $ 69 $ > $