Question 3 of 8 View Policies < -/1 E Current Attempt in Progress The income statement of Pharoah Company for the month of July shows net income of $2.320 based on Service Revenue $6,380. Salaries and Wages Expense $2.436, Supplies Expense $1,044, and Utilities Expense $580. In reviewing the statement, you discover the following: 1 Insurance expired during July of $406 was omitted. 2. Supplies expense includes $232 of supplies that are still on hand at July 31. 3. Depreciation on equipment of $174 was omitted. 4. 5. Unpaid wages at July 31 of $414 were not included. Services performed but unrecorded totaled $812. Prepare a correct income statement for July 2022. PHAROAH COMPANY Income Statement