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These items are taken from the financial statements of Grouper Corporation for 2022. Retained earnings (beginning of year) $33,280 Utilities expense 2,110 Equipment 68,280 Accounts
These items are taken from the financial statements of Grouper Corporation for 2022. Retained earnings (beginning of year) $33,280 Utilities expense 2,110 Equipment 68,280 Accounts payable 22,570 Cash 15,070 Salaries and wages payable 5,840 Common stock 12,000 Dividends 12,000 Service revenue 69.290 Prepaid insurance 6,340 Maintenance and repairs expense 1,690 Depreciation expense 3.490 69.290 6,340 1,690 3,490 Service revenue Prepaid insurance Maintenance and repairs expense Depreciation expense Accounts receivable Insurance expense Salaries and wages expense Accumulated depreciation equipment 15.970 2.310 38.290 22.570 (a 1) Prepare an income statement for the year ended December 31, 2022. (Enter negative amounts using either a negative sin preceding the numberes.-45 or parentheses 3. (45)
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