These financial statmente items are for Sheridan company at year end, July $31,2024$

Salaries payable $$2,170$ notes payable $($long$-$term$)$ $$1,720$

Saleries expense $49,900.$ Cash $13,500$

Utilities expense $23,100$ accounts receivable $9,860$

Equipment. $34\mathrm{.}510$ Accumulated depreciation equipment$5,970$

Accounts payable $4,070$ D$.$ Sheridan, drawings $3,000$

Service revenue $64,000.$ Depreciation expense $3,990$

Rent revenue $8,000$ D$.$ Sheridan, capital $($beginning of the year$)51,930$

$1.$ Prepare the income statement for the year

$2.$ Prepare a statement of owners equity for the year. The owner did not make any investments during the year

$3.$ Prepare a classifies sheet at July $31$