On June 1, 2017, Marigold Corp. was started with an initial investment in the company of $22,460 cash. Here are the assets, liabilities, and common stock of the company at June 30, 2017, and the revenues and expenses for the month of June, its first month of operations: Cash $ 4,730 Notes payable $12,260 Accounts receivable 4,330 Accounts payable 830 Service revenue 7,630 Supplies expense 1,070 Supplies 2,330 Maintenance and repairs expense 670 Advertising expense 400 Utilities expense 230 Equipment 26,130 Salaries and wages expense 1,530 Common stock 22,460 Val Iguiu Cup. Income Statement For the Month Ended June 30, 2017 - Revenues Revenues ; Service Revenue 7630 Expenses Advertising Expense 400 i Supplies Expense 1070 670 i Utilities Expense - 230 i Salaries and Wages Expense 1530 i Total Expenses 3900 Net Income /(Loss) 3730