The items below are taken from the financial statements of Pinax Company for 2021.

Retained Earnings (beginning of year) $33,200

Utilities Expense 2,130

Equipment 64,500

Accounts Payable 20,100

Cash4,450

Salaries and Wages Payable 4,470

Common stock21,900

Dividends12,000

Supplies3,700

Debt Investment (Long term) 5,900

Trademarks2,200

Service Revenue70,700

Prepaid Insurance4,970

Maintenance and repairs expense 1,670

Depreciation expense 3,290

Accounts Receivable15,280

Insurance Expense2,510

Salaries and Wages expense 39,720

Accumulated Depreciation-equipment 21,950

Attempt drawing up an income statement for the year ended December 31,2021. (Enter negative amounts using a negative sign or parentheses. Eg -45 or (45).