The Longmeadow Painting Company begins operations on July 1, 2021. During the month of July, the company has the following activities: The company earns $14,000 from painting houses, all paid in cash. The company uses $2,500 in paint and $350 in supplies. The company pays employees $9,000 cash for labor provided during the month. The company purchases additional paint for $2,000, paying cash. The company has other cash expenses, including insurance and business fees, of $200. Fill in the following income statement for Longmeadow Painting incorporating the above activities. Do NOT enter $ signs, just numbers. Hint: Are supplies used part of Cost of Goods Sold? Review course note 1B if you are not sure! Hint: Is additional paint purchased an expense or an asset? g