Question: Current Attempt in Progress You are provided with the following information for Ayayai Enterprises, effective as of its April 30, 2022, year-end. Dividends Equipment Income


Current Attempt in Progress You are provided with the following information for Ayayai Enterprises, effective as of its April 30, 2022, year-end. Dividends Equipment Income tax expense Income taxes payable Insurance expense Interest expense Inventory Land Mortgage payable Notes payable (due March 31, 2023) Prepaid insurance 360 2,525 200 170 245 435 1,072 3,205 3,605 166 95 Prepaid insurance 95 Retained earnings (beginning) 1,600 Salaries and wages expense 665 Salaries and wages payable 257 Sales revenue 5,205 Stock investments (short-term) 1,270 Prepare an income statement for Ayayai Enterprises for the year ended April 30,2022. (Enter negative amounts using either a negative sign preceding the number e.8. -45 or parentheses e. (45).)
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