Income Statement The partial work sheet for the month ended January 31, 20-- for Major Advising is shown. Major Advising Work Sheet (Partial) For Month Ended January 31, 20 Income Statement Balance Sheet ACCOUNT TITLE DEBIT CREDIT DEBIT CREDIT Cash 670.00 950.00 340.00 Accounts Receivable Supplies Prepaid Insurance Office Equipment Accum. Depr.-Office Equipment Accounts Payable 700.00 3,500.00 180.00 1,050.00 Wages Payable 290.00 4,100.00 Ed Major, Capital Ed Major, Drawing Advising Fees 850.00 3,400.00 Wages Expense 750.00 Advertising Expense 80.00 850.00 Ed Major, Drawing Advising Fees 3,400.00 Wages Expense 750.00 80.00 600.00 120.00 50.00 Advertising Expense Rent Expense Supplies Expense Phone Expense Electricity Expense Insurance Expense Gas and Oil Expense Depr. Expense-Office Equipment 58.00 91.00 59.00 180.00 Miscellaneous Expense 22.00 2,010.00 3,400.00 7,010.00 5,620.00 Net Income 1,390.00 1,390.00 3,400.00 3,400.00 7,010.00 7,010.00 From the partial work sheet for Major Advising, prepare an income statement. Major Advising Income Statement For Month Ended January 31, 20-- From the partial work sheet for Major Advising, prepare an income statement. Major Advising Income Statement For Month Ended January 31, 20