You are provided with the following information for Lazuris Enterprises, effective as of its April 3 $ 834 810 670 1,270 16,900 1,060 335 325 2,420 1,800 165 Accounts payable Accounts receivable Accumulated depreciation-equipment Cash Common stock Cost of goods sold Depreciation expense Dividends Equipment Goodwill Income tax expense Income taxes payable Insurance expense Interest expense Inventory Investment in land Land Mortgage payable (long-term) Notes payable (short-term) Prepaid insurance Retained earnings (beginning) Salaries and wages expense 135 210 400 967 14,200 3,100 3,500 61 60 1,600 700 1,800 165 135 210 400 967 Goodwill Income tax expense Income taxes payable Insurance expense Interest expense Inventory Investment in land Land Mortgage payable (long-term) Notes payable (short-term) Prepaid insurance Retained earnings (beginning) Salaries and wages expense Salaries and wages payable Sales revenue Stock investments (short-term) 14,200 3,100 3,500 61 60 1,600 700 222 5,100 1,200 Prepare an income statement for Lazuris Enterprises for the year ended April 30, 2022. (Enter negative amounts using eit a negative sign preceding the number e.g.-45 or parentheses e.g. (45).) LAZURIS ENTERPRISES Income Statement For the Year Ended April 30, 2022 A Revenues Cost of Goods Sold $ 1060 Expenses Salaries and Wages Expense $ 700 i Depreciation Expense 335 i Insurance Expense 210 gross profit 4040 Interest Expense 400 i total expenses - 1645 Total Expenses - 165 Net Income /(Loss) $ 2230 Prepaid Insurance Stock Investments tal Current Assets Lal Intangible Assets nvestment in Land tal Property, Plant and Equipment Equipment Land $ 3100 55 A: Accumulated Depreciation-Equipment 670 i 55 A: Accumulated Depreciation-Equipment 670 4850 irrent Assets ng-Term Investments Total Assets tal Liabilities Liabilities and Stockholders' Equity urrent Liabilities Accounts Payable 834 Income Taxes Pavable 135. Notes Payable Salaries and Wages Payable Total Current Liabilities Total Long-term Liabilities Mortgage Payable Stockholders' Equity Stockholders' Equity Common Stock Retained Earnings Total Intangible Assets Total Liabilities and Stockholders' Equity