=+The assets and liabilities of Impeccable Travel Service at November 30, 2010, the end of the current year, and its revenue and expenses for the year are listed below. The capital of the owner, Charly Maves, was $380,000 at December 1, 2009, the beginning of the current year. Accounts payable $ 42,000 Miscellaneous expense $ 12,700 Accounts receivable 75,500 Office expense 313,300 Cash 45,400 Supplies 5,100 Fees earned 754,000 Wages expense 450,000 Land 290,000 Prepare an income statement for the current year ended November 30, 2010.