Based on the preceding spreadsheet, prepare an income statement for Paoli Consulting. Paoli Consulting Income Statement For the Year Ended March 31, 20Y9 Line Item Description Amount Amount Fees earned $Fees earned 55,790 Expenses: Salary expense $Salary expense 15,450 Supplies expense Supplies expense 1,800 Depreciation expense Depreciation expense 1,070 Miscellaneous expense Miscellaneous expense 1,620 Total expenses fill in the blank cb80f20d1034f99_11 19,940 Net income $Net income 35,850 Feedback Area