Please help me fast ssignment Chapter 3Question 4 of 6View Policies12Current Attempt in ProgressThe income statement of Sunland Company for the month of July shows net income of $1.680 based on Service Revenue $4,620,Salaries and Wages Expense $1,764, Supplies Expense $756, and Utilities Expense $420. In reviewing the statement, you discover thefollowing:3.4.(5Next questionInsurance expired during July of $294 was omitted.Supplies expense includes $168 of supplies that are still on hand at July 31.Depreciation on equipment of $126 was omitted.Unpaid wages at July 31 of $302 were not included.Services performed but unrecorded totaled $588.Prepare a correct income statement for July 2022yaSUNLAND COMPANYIncome Statement

Deferred revenues are revenues that are earned but not yet received by the business. Accrued…

Question 4 of 6 View Policies Current Attempt in Progress The income statement of Sunland Company for the month of July shows net income of $1,680 based on Service Revenue $4,620 Salaries and Wages Expense $1,764, Supplies Expense $756, and Utilities Expense $420. In reviewing the statement, you discover the following: 3. < 1. Insurance expired during July of $294 was omitted. 2 Supplies expense includes $168 of supplies that are still on hand at July 31. Depreciation on equipment of $126 was omitted. Unpaid wages at July 31 of $302 were not included. Services performed but unrecorded totaled $588. 4 Next question 5. Prepare a correct income statement for July 2022.