These financial statement items are for Blossom Company at year-end, July 31, 2022.

Salaries and wages payable		$1,900		Notes payable (due after 2023)		$1,600
Salaries and wages expense		51,400		Cash		13,500
Utilities expense		22,400		Accounts receivable		9,000
Equipment		30,900		Accumulated depreciationequipment		6,400
Accounts payable		4,900		Owners drawings		3,500
Service revenue		61,200		Depreciation expense		4,400
Rent revenue		8,000		Owners capital (beginning of the year)		51,100

Prepare an income statement for the year. (Enter negative amounts using either a negative sign preceding the number e.g. 45 or Prepare an owner's equity statement for the year. The owner did not make any new investments during the year Prepars a classified balance shast at July 31. (List Current. Assets in order of liquidity.) BLOSSOM COMPANY Balance sheet Assets Liabilities and Owner's Equity 5 S