Prairie Company is owned and operated by Natasha Woods. In alphabetical order below are the financial statement items for Prairie Company. Using the appropriate items, prepare an income statement for the month ended October 31, 2014.

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Accounts payable Accounts receivable Advertising expense Cash $90,000 77,500 N. Woods, capital, October 1,2014 N. Woods, drawings $36,000 6,000 2,600 23,000 3,600 Rent expense 59,300 Service revenue