These financial statement items are for Skysong, Inc. at year-end, July 31, 2017.

Salaries and wages payable		$ 3,980
Salaries and wages expense		58,500
Supplies expense		16,600
Equipment		20,400
Accounts payable		4,100
Service revenue		67,100
Rent revenue		9,500
Notes payable (due in 2020)		3,700
Common stock		16,000
Cash		30,800
Accounts receivable		11,680
Accumulated depreciationequipment		7,100
Dividends		4,000
Depreciation expense		5,100
Retained earnings (beginning of the year)		35,600

Prepare an income statement for the year. Skysong, Inc. did not issue any new stock during the year.

1. Income Statement

2. Retained Earnings Statement

3. Balance Sheet