Driftwood Realty, organized July 1, 2010, is owned and operated by Steffy Owen. How many errors can you find in the following statements for Driftwood Realty, prepared after its second month of operations?

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Sales commissions. Expenses Office salaries expense. Rent expense...... Automobile expense Miscellaneous expense. Supplies expense. Total expenses Net income Driftwood Realty Income Statement August 31, 2010 $291,600 $467,100 99,000 22,500 7,200 2,700 423,000 $134,100