The income statement of Riverbed Co. for the month of July shows net income of $3,490...

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The income statement of Riverbed Co. for the month of July shows net income of $3,490 based on Service Revenue $7,630, Salaries and Wages Expense $2,370, Supplies Expense $980, and Utilities Expense $790. In reviewing the statement, you discover the following: 1. Insurance expired during July of $550 was omitted. 2. Supplies expense includes $410 of supplies that are still on hand at July 31. 3. Depreciation on equipment of $290 was omitted. 4. Accrued but unpaid wages at July 31 of $440 were not included. 5. Services performed but unrecorded totaled $740. Prepare a correct income statement for July 2025. RIVERBED CO. Income Statement For the Month Ended July 31, 2025 $ $ $ The income statement of Riverbed Co. for the month of July shows net income of $3,490 based on Service Revenue $7,630, Salaries and Wages Expense $2,370, Supplies Expense $980, and Utilities Expense $790. In reviewing the statement, you discover the following: 1. Insurance expired during July of $550 was omitted. 2. Supplies expense includes $410 of supplies that are still on hand at July 31. 3. Depreciation on equipment of $290 was omitted. 4. Accrued but unpaid wages at July 31 of $440 were not included. 5. Services performed but unrecorded totaled $740. Prepare a correct income statement for July 2025. RIVERBED CO. Income Statement For the Month Ended July 31, 2025 $ $ $

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