These items are taken from the financial statements of Ivanhoe Company for 2022. Retained earnings...
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These items are taken from the financial statements of Ivanhoe Company for 2022. Retained earnings (beginning of year) Utilities expense Equipment Accounts payable Cash Salaries and wages payable Common stock Dividends Supplies Debt investment (long-term) Trademarks Service revenue Prepaid insurance Maintenance and repairs expense Depreciation expense Accounts receivable $33,800 2,160 66,300 20,560 13,750 6,640 21,800 12,000 3,600 5,600 1,900 71,700 7,140 1,640 3,270 15.160 2,530 Insurance expense Salaries and wages expense Accumulated depreciation equipment 40,700 21,250 Part 1 Prepare an income statement for the year ended December 31, 2022. (Enter negative amounts using either a negative sign preceding the number e.g. -45 or parentheses e.g. (45).) IVANHOE COMPANY Income Statement $ $ $
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