The Accounts in the Ledger of Dependable Delivery Service Contain

The accounts in the ledger of Dependable Delivery Service contain the following balances on July 31, 2014. $\begin{array}{lrlr}\text { Accounts Receivable } & \$ 11,400 & \text { Prepaid Insurance } & \$ 1,800 \\\text { Accounts Payable } & 7,400 & \text { Maintenance and Repairs Expense } & 1,200 \\\text { Cash } & 15,940 & \text { Service Revenue } & 15,500 \\\text { Equipment } & 59,360 & \text { Dividends } & 800 \\\text { Utilities Expense } & 950 & \text { Common Stock } & 40,000 \\\text { Insurance Expense } & 600 & \text { Salaries and Wages Expense } & 8,400 \\\text { Notes Payable, due 2017 } & 31,450 & \text { Salaries and Wages Payable } & 900 \\& & \text { Retained Earnings } & 5,200\\&& \text { (July 1, 2014) } \end{array}$ Instructions
Prepare an income statement and a retained earnings statement for the month of July 2014, and a classified balance sheet for July 31.