Fed Ex Corporation had the following revenue and expense account balances (in millions) for a recent year ending May 31:

a. Prepare an income statement.
b. Compare your income statement with the income statement that is available at FedEx's Web site (investors.fedex.com). Under Annual Report, select Download PDF.
What similarities and differences do you see?

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Depreciation Expense Fuel Expense Maintenance and Repairs Expense Other Expense (Income) Net Provision for Income Taxes $2,587 Purchased Transportation 4,557 Rentals and Landing Fees 1,862 Revenues 6,084 Sd Employee Benefhts 1,192 $ 8,011 2,622 45,567 16,555