These financial statement items are for Sheridan Company at year-end, July 31, 2022. Salaries and wages payable $1,500 Notes payable (due after 2023) $2,000 Salaries and wages expense 52,000 Cash 13,700 Utilities expense 22,600 Accounts receivable 9.400 Equipment 31,300 6,300 Accumulated depreciation-equipment Owner's drawings Accounts payable 4,800 4,500 Service revenue 60,900 Depreciation expense 4,400 Rent revenue 8,600 Owner's capital (beginning of the year) 53,800 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).) SHERIDAN COMPANY Income Statement $