On August 1, 2021, the beginning of its current fiscal year, the following opening account balances, listed in alphabetical order, were reported by Lily Ltd. During August, the following summary transactions were completed. Paid $380 cash for advertising in local newspapers. Advertising flyers will be included with newspapers delivered Aug. 1 during August and September. (Hint: Use the Prepaid Advertising account.) 3 Paid August rent $400 . (Hint: Use the Prepaid Rent account.) 6 Received $3 , 510 cash from customers in payment of accounts. 10 Paid $3 , 340 for salaries due employees, of which $1 , 980 is for August and $1 , 360 is for July salaries payable. 13 . Received $3 , 780 cash for services performed in August. 15 Purchased additional equipment on account $1 , 850 . 17 Paid creditors $1 , 850 of accounts payable due. 22 Purchased supplies on account $730 . 24 Paid salaries $2 , 900 . 27 Performed services worth $4 , 330 on account and billed customers. 29 Received $720 from customers for services to be provided in the future. 31 Declared and paid a $490 dividend. prepare an statement of income