These financial statement items are for Blossom Company at year-end, July 31, 2020. Salaries and wages payable $2,384 Notes payable (long-term) $2,400 Salaries and wages expense 36.560 Cash 4,160 Utilities expense 16,880 Accounts receivable 7,824 Equipment 30,400 Accumulated depreciation 4,800 Accounts payable 3,280 Owner's Drawings 3,200 Service revenue 45,760 Depreciation expense 3,200 Rent revenue 5,200 Owner's capital (beginning of the year) 38,400 The owner did not make any new investments during the year. (a1) Prepare an income statement for the year. (Enter negative amounts using either a negative sign preceding the number eg. -45 parentheses eg. (45).) BLOSSOM COMPANY Income Statement S S