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18. Prepare Statements for a Service Company: Chuck's Brokerage Service (CBS) is a discount financial services firm offering clients investment advice, trading services, and a

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18. Prepare Statements for a Service Company: Chuck's Brokerage Service (CBS) is a discount financial services firm offering clients investment advice, trading services, and a variety of mutual funds for investment. Chuck has collected the following information for October: A 1 Advertising and marketing 2 Brokerage commissions (revenues) 3 Building rent and utilities 4 Fees from allants for investment advice 5 Foos paid to execute trados 6 Labor cost for advico 7 Managers' salarios 8 Sales commissions to brokers 9 Training programs for brokers 10 B $ 180,000 6,000,000 350,000 3,000,000 4,000,000 1,600,000 600,000 500,000 850,000 a. Required: Prepare an income statement for October for CBS

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