The following is selected financial information for Elko Energy Company for the year ended December 31, 2010:

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The following is selected financial information for Elko Energy Company for the year ended December 31, 2010: revenues, $66,000; expenses, $51,348; net income, $14,652.

Required

Prepare the 2010 calendar-year income statement for Elko Energy Company.

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Financial Accounting with IFRS Fold Out Primer

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The following is selected financial information for Elko Energy Company for the year ended December 31, 2010:

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Financial Accounting with IFRS Fold Out Primer

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