Presented below is financial information related to the 2010 operations of Summers Cruise Company. Maintenance expense............ $

Question:

Presented below is financial information related to the 2010 operations of Summers Cruise Company.
Maintenance expense............ $ 95,000
Property tax expense (on dock facilities)... 10,000
Salaries expense.............. 142,000
Advertising expense........... 3,500
Ticket revenue............. 325,000
Instructions
Prepare the 2010 income statement for Summers Cruise Company.