On July 1, 2020, Academic Learning Services entered its second month of operations. On July 21, 2020. Breanne Allatie, the owner. finalized the company's records that showed the following items. $ Accounts payable Accounts receivable Computer equipment Furniture Breanne Allarie, capital, une 30, 2020 Office rent expense Owner's investments during July 2020 Owner's withdrawals Supplies Textbook rental revenue Tutoring revenue Tutors' wages expense Utilities expense 3.000 5.000 4,600 5,200 4, Bee 19,400 5,50 4,200 4.800 2,480 600 7.200 1,548 980 Hint: The ending capital balance for one period is the beginning capital balance for the next period. Use the above information to prepare a July income statement ACADEMIC LEARNING SERVICES