Longhorn Corporation provides low-cost food delivery services to senior citizens. At the end of the year, the company reports the following amounts: Cash $ 1,240 Equipment 25,480 Accounts payable 3,520 Delivery expense 1,480 Salaries expense 4,600 Service revenues 62,800 Cost of goods sold (food expense) 50,800 Building 30,700 Supplies 2,300 Salaries payable 720 In addition, the company had common stock of $30,900 at the beginning of the year and issued an additional $3,460 during the year. The company also had retained earnings of $15,200 at the beginning of the year. Required: Prepare the following for Longhorn Corporation. (a) Income Statement. (Input all amounts as positive values. Omit the “$” sign in your response.)