Henry and Richard Bloch founded H&R Block in 1955. Henry, who served as a navigator on a B-17 bomber in World War II, and Richard, who founded his first business in the 4th grade and attended Wharton at age 16, built H&R Block into the world's largest tax services company, serving more than 20 million people in 11 countries around the globe. The following accounts are from the financial statements of H&R Block at the end of a recent fiscal year. Dollars are in millions.

Required:
Assume that the year ended on April 30, 2009. Prepare a classified income statement for the year. Note that some accounts are not reported on the income statement.

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Cost of Services (an expense) Salaries Payable Salaries Expense Accounts Payable Service Revenue $1,008 Other Operat Expeses 837 ,000 LongTerm Note Payable 418 3,492 $2,383 Cash 33 Accounts Receivable 1,113 Software Revenue 493 Owners'Capital 769 Other Operating Revenues 917 3,463 terest Expense 49