Income Statement Preparation The following information is taken from the records of Wadley’s Car Wash for the year ended December 31, 2009.

Required:
Prepare an income statement for Wadley’s Car Wash for the year ended December 31, 2009.
(Assume that 3,000 shares of stock are outstanding.)

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Income taxes.... Service revenues Rent expense Salaries expense Miscellaneous expense Utilities expense Supplies expense $ 45,000 210,000 6,000 41,000 970 4,300 10,300