These items are taken from the financial statements of Sheridan Company for 2022.

Retained earnings (beginning of year)		$34,870
Utilities expense		2,180
Equipment		66,600
Accounts payable		17,520
Cash		11,460
Salaries and wages payable		4,110
Common stock		22,600
Dividends		12,000
Supplies		3,000
Debt investment (long-term)		6,000
Trademarks		2,400
Service revenue		70,750
Prepaid insurance		4,610
Maintenance and repairs expense		1,620
Depreciation expense		3,370
Accounts receivable		13,360
Insurance expense		2,430
Salaries and wages expense		39,780
Accumulated depreciationequipment		18,960

(a1)

Prepare an income statement for the year ended December 31, 2022. (Enter negative amounts using either a negative sign preceding the number e.g. -45 or parentheses e.g. (45).)

SHERIDAN COMPANY Income Statement choose the accounting period For the Year Ended December 31, 2022For the Month Ended December 31, 2022December 31, 2022
select an opening name for section one DividendsExpensesNet Income / (Loss)Retained Earnings, January 1Retained Earnings, December 31RevenuesTotal ExpensesTotal Revenues
enter an income statement item		$enter a dollar amount
select an opening name for section two DividendsExpensesNet Income / (Loss)Retained Earnings, January 1Retained Earnings, December 31RevenuesTotal ExpensesTotal Revenues
enter an income statement item	$enter a dollar amount
enter an income statement item	enter a dollar amount
enter an income statement item	enter a dollar amount
enter an income statement item	enter a dollar amount
enter an income statement item	enter a dollar amount
select a closing name for section two Dividends Expenses Net Income / (Loss) Retained Earnings, January 1 Retained Earnings, December 31 Revenues Total Expenses Total Revenues		enter a total of the five previous amounts
select a closing name for this statement DividendsExpensesNet Income / (Loss)Retained Earnings, January 1Retained Earnings, December 31RevenuesTotal ExpensesTotal Revenues		$