These financial statement items are for Oriote Company at year-end, July 31, 2020, Salaries and wages payable $1.600 Notes payable long-term Salaries and wages expense 52000 Cash Utilities expense 22100 Accounts receivable Equipment 30,700 Accumulated depreciation-quipment Accounts payable 4.700 Owner's drawings Service revenue 63,200 Depreciation pense Rent revenue 8.500 Owner's Capital beginning of the year) $1,700 13.500 9.300 6.400 4500 3.900 49.900 (11) Prepare an income statement for the year. The owner did not make any new mestments during the year. (Enter negative amounts using either a negative sin preceding the numbers 45 or parentheses 45 ORIOLE COMPANY Income Statement