Question 13 View Policies Current Attempt in Progress These financial statement items are for Culver Company at year-end, July 31, 2019. Salaries and wages payable Salaries and wages expense Utilities expense Equipment $2,000 51.200 22,600 30,300 5,000 62,300 8,100 Notes payable (long-term) Cash Accounts receivable Accumulated depreciation equipment Dividends Depreciation expense Retained Earnings (beginning of the year) $2,100 15,200 9.300 5.700 3,200 4.400 21,000 Accounts payable Service revenue Rent revenue Common Stock 30,000 Prepare a retained earnings statement for the year. Culver Company Retained Earnings Statement For the Year Ended July 31, 2019 Retained Earnings, July 31, 2019 Add Retained Earnings. August 1, 2018 e Textbook and Media List of Accounts Preparadasiad balance shot at July 21. Ustens met hade of Cuhe Company Balance Sheet Assets Liabilities and Stockholders' Equita Prepare an income statement for the year. (Enter negative amounts using either a negative sign preceding the number eg. -45 or parentheses Culver Company Income Statement For the Year Ended July 31, 2019 Revenues Service Revenue 62300 Rent Revenue 8100 Total Revenues 70400 Expenses Salaries and Wages Expense Utilities Expense 22600 Depreciation Expense 78200 Total Expenses 7800 Net Income to e Textbook and Media List of Accounts