Prepare a retained earnings statement for July. (List items that increase retained earnings first.) SARASOTA WINDOW WASHING INC. Retained Earnings Statement Retained Earnings, July 1 $ Prepare the income statement for July. SARASOTA WINDOW WASHING INC. Income Statement For the Month Ended July 31, 2022 Revenues Service Revenue 8220 Expenses Maintenance and Repairs Expense 300 i Supplies Expense 610 i Depreciation Expense 190 i Insurance Expense 160 i Salaries and Wages Expense 2500 i Total Expenses 3760 i Net Income /(Loss) 4460 SARASOTA WINDOW WASHING INC. Trial Balance July 31, 2022 Debit Credit Cash 5600 Accounts Receivable 6560 Supplies 330 Prepaid Insurance 1760 Equipment 8320 Accumulated Depreciation-Equipment 190 Accounts Payable 5620 Salaries and Wages Payable 420 Common Stock 12500 Dividends 620 Service Revenue 8220 Maintenance and Repairs Expense 300 Supplies Expense 610 Depreciation Expense 190 Insurance Expense 160 Salaries and Wages Expense 2500 Totals 26950 $ 26950