Current Attempt in Progress These financial statement items are for Monty Company at year-end, July 31, 2022. Salaries and wages payable $2,400 Notes payable (long-term) $1,700 Salaries and wages expense 51,600 Cash 15,000 Utilities expense 22,200 Accounts receivable 11,000 Equipment 31,900 Accumulated depreciation-equipment 5,500 Accounts payable 4,500 Dividends 3,100 Service revenue 61,100 Depreciation expense 4,500 Rent revenue 8,400 Retained earnings (beginning of the year) 20,800 Common stock 34,900