These items are taken from the financial statements of Cullumber Company for 2022. Retained earnings (beginning of year) Utilities expense Equipment Accounts payable Cash Salaries and wages payable Common stock Dividends Supplies Debt investment (long-term) Trademarks Service revenue Prepaid insurance Maintenance and repairs expense Depreciation expense Accounts receivable Insurance expense Salaries and wages expense Accumulated depreciation-equipment $32,480 2,170 64,300 19,970 13,930 6,630 22,900 12,000 4,000 5,600 1,900 69,600 7.130 1,630 3.140 15,880 2.660 38,670 21.430 Prepare an income statement for the year ended December 31, 2022. (Enter negative amounts using either a negative sign preceding the number eg. -45 or parentheses eg. (45).) CULLUMBER COMPANY Income Statement $ $