Assignment 1 (Chapters 1 & 2) 11 12 Saved Help Save & Exit Submit Assume that you are the owner/operator of College Park Veterinary Clinic. At the end of the second year of operations (June 30, 2017), the following financial data for the company are available: 20 points Cash Accounts Receivable Supplies Property and Equipment Other Assets Accounts Payable 00:42:46 Notes Payable Other Liabilities Sales Revenue Skipped Operating Expenses Selling and Administrative Expenses Mc Advertising and Marketing Expenses Interest Expense Retained Earnings, July 1, 2016 Contributed Capital Dividends $ 6,000 127,400 37,000 230,500 14,700 54,650 155,000 26,100 255,000 194,100 46,100 23,200 6,000 50,000 167,000 22,750. Required: 1. Prepare an income statement for the year ended June 30, 2017. (Negative amounts should be indicated by a minus sign.) Expenses COLLEGE PARK VETERINARY CLINIC Income Statement For the Year Ended June 30, 2017