These financial statement items are for Oriole Company at year end, July 31, 2021.

Salaries payable		$2,150		Notes payable (long-term)		$1,880
Salaries expense		47,800		Cash		14,000
Utilities expense		21,500		Accounts receivable		9,770
Equipment		34,460		Accumulated depreciationequipment		6,040
Accounts payable		4,100		D. Oriole, drawings		2,980
Service revenue		62,100		Depreciation expense		3,980
Rent revenue		7,700		D. Oriole, capital (beginning of the year)		50,520

Prepare an income statement for the year. (Enter negative amounts using either a negative sign preceding the number e.g. -45 or parentheses eg. (45).) ORIOLE COMPANY Income Statement $ $