An analysis of cash records and account balances of Wells, Inc., for 2003 is as follows: Account Account Cash Balances Balances Received or Jan. 1, 2003 Dec. 31, 2003 Paid in 2003 Wages Payable............... $2,600 $3,000 Wineanned RENte.ak cic os anc ores 4,500 5,000 repaid! Insurances sce see 100 120 RalditOrmwWagesewcc actin nae $29,600 Receivedifonmnents- ms aa acae 12,000 RaldstOnminSttamC@nene et serena 720 SSS a Determine the amounts that should be included on the 2003 income statement for (1) wages expense, (2) rent revenue, and (3) insurance expense.