These financial statement items are for Cullumber Company at year-end, July 31, 2020. Salaries and wages payable $3,824 Notes payable (long-term) $3,840 Salaries and wages exp e 58,496 Cash 6,656 Utilities expense 27,008 Accounts receivable 12,528 Equipment 48.640 Accumulated depreciation 7,680 Accounts payable 5,248 Owner's Drawings 5,120 Service revenue 73.216 Depreciation expense 5.120 Rent revenue 8.320 Owner's capital (beginning of the year) 61.440 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 e.g. -45 or