View Policies Current Attempt in Progress A tabular analysis of the transactions made during August 2022 by Wildhorse Co. during its first month of operations is shown below. Each increase and decrease in stockholders' equity is explained. Assets - Liabilities + Stockholders' Equity Cash + A/R + Supp. + Equip. - Accounts Payable + Common Stock + Retained Earnings Revenues - Expenses $20,800 $20,800 -1.510 2. $4,910 $3,400 -600 $600 $6,200 $10,600 4,400 -2,000 - 1,600 -2,000 -$1,600 -$700 Rent Exp. -700 380 -380 -2.600 Sal. Exp. -2,600 Util. Exp. 360 -360 Prepare an income statement for August. 10:30 PM 0 o te a $