View Policies Show Attempt History Current Attempt in Progress ort These financial statement items are for Sheridan Company at year-end, July 31, 2022. Salaries and wages payable $4,100 Salaries and wages expense 59,100 Supplies expense 17,300 Equipment 17,620 Accounts payable 4,000 Service revenue 67,700 Rent revenue 10,200 Notes payable (due in 2025) 3,700 Common stock 16,000 Cash 35,280 Accounts receivable 11,700 Accumulated depreciation-equipment 7,400 Dividends 4,000 Depreciation expense 4,000 Retained earnings (beginning of the year) 35,900 Prepare an income statement for the year. Sheridan Company did not issue any new stock during the year. (Enter negative amou negative sign preceding the number e.g. -45 or parentheses e.g. (45).) SHERIDAN COMPANY Income Statement For the Year Ended July 31, 2022 Revenues Service Revenue 67,700 Rent Revenue 10.200 Total Revenues $ 77,900 Expenses Salaries and Wages Expense 59.100 i Supplies Expense 17,300 i Depreciation Expense 4,000 Total Expenses 80,400 i Net Income /(Loss) -2,500 eTextbook and Media (a2) Prepare a retained earnings statement for the year. Sheridan Company did not issue any new stock during the year. SHERIDAN COMPANY Retained Earnings Statement : : eTextbook and Media List of Accounts Save for Later Attempts: 0 of 10 usd