Conner & Scheer, Attorneys at Law, provide a wide range of legal services for their clients. They employ several paralegal and administrative support staff in order to provide high-quality legal services at competitive prices. For the year ending December 31, 2017, the firm reported these income and expenses. Using this information, construct an income statement to reflect the firm’s net income for 2017.

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Service revenue Paralegal salaries Supplies and materials Utilities Office rent Administrative expenses Attorney salaries $2,250,000 215,000 42,000 26,000 58,000 195,000 925,000