View Policies Current Attempt in Progress These financial statement items are for Ivanhoe Company at year-end, July 31, 2022. Salaries and wages payable $2,570 Salaries and wages expense 52.500 Utilities expense 22.600 Equipment 21,700 Accounts payable 5,400 Service revenue 62.400 Rent revenue 8,600 Notes payable (due 2024) 1.650 Common stock 15.000 Cash 22.000 Accounts receivable 12.650 Accumulated depreciation-equipment 6.000 Dividends 5.300 Depreciation expense 4,200 Retained earnings (beginning of the year) 39,330 (a1) Prepare an income statement for the year ended July 31, 2022. (Enter loss with either a-si (15,000))