On February 1, 1990, Deborah Norris began the practice of law under the name of Deborah Norris, Attorney. On February 28, her records showed the following assets, liabilities, owner's investments, owner's withdrawals, revenues, and expenses.

From the information above, prepare a February income statement for the business.

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Cash. Accounts receivable Office supplies. $ 500 Owner's withdrawals 300 Legal fees earned 700 Miscellaneous expense Law library. 3,000 Rent expense Office equipment. 1,500 Salaries expense. Accounts payable 1,150 Telephone expense. Owner's investments 5,000 $2,000 3,800 50 600 900 400