The accountant for Charles Holcomb, M.D., Professional Corporation (P.C.), has posted adjusting entries

(a) through

(e) to the accounts at May 31, 19X2. Selected balance sheet accounts and all the revenues and expenses of the entity follow in T-account form.

\section*{Required}
Prepare the income statement of Charles Holcomb, M.D., P.C., for the year ended May 31, 19X2. List expenses in order from the largest to the smallest.

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Accounts Receivable 23,000 (e) 4,500 Accumulated Depreciation- Building Salary Expense 28,000 (d) 1,500 Supplies 4,000 (a) 2,000 Accumulated Depreciation- Furniture 5,000 (b) 4,000 Salary Payable Service Revenue 33,000 (d) 1,500 135,000 (c) 5,000 Depreciation Expense Furniture Supplies Expense (a) 2,000 (b) 4,000 (e) 4,500 Depreciation Expense- Building (c) 5,000