Current Attempt in Progress These financial statement items are for Concord Company at year-end, July 31, 2022. Salaries and wages payable $2,300 Notes payable (long-term) $1,900 Salaries and wages expense 51,000 Cash 14,600 Utilities expense 22,200 Accounts receivable 9,600 Equipment 30,500 Accumulated depreciation-equipment 5,500 Accounts payable 4,700 Dividends 2,600 Service revenue 60,700 Depreciation expense 3,900 Rent revenue 8,800 Retained earnings (beginning of the year) 20,200 Common stock 30,300