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$840,000 Surveyor Salary 123,000 Supplies and Materials 32,000 Utilities 15,000 Office Rent 25,000 Tom West is a land surveyor who operates a small surveying company,
$840,000 Surveyor Salary 123,000 Supplies and Materials 32,000 Utilities 15,000 Office Rent 25,000 Tom West is a land surveyor who operates a small surveying company, performing surveys for both residential and commercial clients. He has a staff of surveyors and engineers who are employed by the firm. For the year ending December 31, 2017, he reported the following income and expenses. Service Revenue 4 Administrative Expenses 125,000 Using this information, construct an income statement to reflect his net income for 2017. Tom West Income Statement For Year Ending 2017 100
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