Exercise 4-17 a1,a2-b (Video) These financial statement items are for Sandhill Company at year-end, July 31, 2020 Salaries and wages payable 1,800 otes p term) Cash Salaries and wages expense 51,200 Utilities expense 15,400 22,100 Accounts receivable 9,800 Equipment 29,700 depreciation-equipment Accounts payable Service 3,100 3,500 49,200 4,500 Owner's drawings 62,800 Depreciation expense Rent revenue 8,900 Owner's Capital (beginning of the year) Prepare an income statement for the year. The owner did not make any new investments during the year. (Enter negative amounts using either a negative sign preceding the number e.g.-45 or parentheses e.g. (45).) SANDHILL COMPANY LINK TO TEXT