You are provided with the following information for Monty Enterprises, effective as of its April 30, 2022. year-end, $889 Accounts payable Accounts receivable Accumulated depreciation-equipment 955 670 Cash 1.415 1,335 1.115 280 380 Common stock Cost of goods sold Depreciation expense Dividends Equipment Income tax expense Income taxes payable Insurance expense Interest expense 2,565 220 190 265 455 Inventory 1.112 Land 3,245 Mortgage payable 3,645 Depreciation expense 280 Dividends 380 Equipment 2,565 Income tax expense 220 Income taxes payable 190 Insurance expense 265 Interest expense 455 Inventory 1,112 Land 3,245 Mortgage payable 3,645 Notes payable (due March 31, 2023) 206 Prepaid insurance 115 Retained earnings (beginning) 1,600 Salaries and wages expense 645 Salaries and wages payable 277 Sales revenue 5,245 Stock investments (short-term) 1,290 MONTY ENTERPRISES Income Statement $ $