These financial statement items are for Cullumber Company at year end, July 31, 2021.. Salaries payable $2,120 Notes payable (long-term) $1,840 Salaries expense 47,700 Cash 13,900 Utilities expense 22,300 Accounts receivable 9,780 Equipment 34,270 Accumulated depreciation-equipment 6,040 Accounts payable 4,010 D. Cullumber, drawings 2,950 Service revenue 63,800 Depreciation expense 4,030 Rent revenue 7,500 D. Cullumber, capital (beginning of the year) 49,620 Prepare an income statement for the year. (Enter negative amounts using either a negative sign preceding the number e.g. -45 or parentheses e.g. (45).)