You are provided with the following information for Blue Enterprises, effective as of its April 30, 2022, year end Account payable $849 Account receivable 915 Accumulated depreciation- equipment 670 Cash 1,375 Common stock 1,215 Cost of goods sold 1,075 Depreciation expense 320 Dividends 340 Equipment 2525 Income tax expense 180 Income taxes payable 150 Insurance expense 225 Interest expense 415 Inventory 1,072 Land 3,205 Mortgage payable 3,605 Notes payable (due March 31, 2023) 166 Prepaid Insurance 75 Returned earnings (beginning) 1,600 Salaries & wages expense 685 Salaries & wages payable 237 Sales revenue 5,205 Stock Investments (Short-term) 1,290 Prepare an Income statement for Blue Enterprises for the year ended April 30, 2022. (Enter negative amounts using either a negative sign preceding the number e.g. -45 or parentheses e.g. (45).)