Tonys Film Delivery Service began operations on January 1, 2005. The following information is taken from its

Question:

Tony’s Film Delivery Service began operations on January 1, 2005. The following information is taken from its accounting records as of December 31, 2005.

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Required:

a. What is the cost of services provided?

b. Prepare a single-step income statement for Tony’s Film Delivery Service.

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