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These items are taken from the financial statements of Pharoah Company for 2022. Retained earnings (beginning of year) $32,270 Utilities expense 2,170 Equipment 62,900 Accounts

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These items are taken from the financial statements of Pharoah Company for 2022. Retained earnings (beginning of year) $32,270 Utilities expense 2,170 Equipment 62,900 Accounts payable 16,580 Cash 13,930 Salaries and wages payable 5,720 Common stock 22,100 Dividends 12,000 Supplies 2,900 Debt investment (long-term) 6,400 Trademarks 2,200 Service revenue 69,600 Prepaid insurance 6,220 1,630 Depreciation expense 3,440 Accounts receivable 12,970 Insurance expense 2,360 Salaries and wages expense 38,580 Accumulated depreciation-equipment 21,430 Prepare an income statement for the year ended December 31, 2022. (Enter negative an MacBook FA 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).) PHAROAH COMPANY Income Statement December 31, 2022 Prepare a retained earnings statement for the year ended December 31, 2022. (List items that increase retained PHAROAH COMPANY Retained Earnings Statement eTextbook and Media List of Accounts PHAROAH COMPANY Balance Sheet Assets Liabilities and Stockholders' Equity e Textbook and Media List of Accounts

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