The following account balances were taken from the adjusted trial balance for Shaw Messenger Service, a delivery service firm, for the fiscal year ended April 30, 20Y1:
Prepare an income statement.

Transcribed Image Text:

$ 14,500 Rent Expense 875,000 Salaries Expense 6,000 Supplies Expense 10,200 Depreciation Expense Fees Earned $ 75,000 481,300 Insurance Expense Miscellaneous Expense 7,150 Utilities Expense 40,850