A. Duck Ponds, Inc Income Statement For the year ended December 31, 20xx Revenue XXxX Less operating Costs: Salary expense List other operating expenses Total operating expense Net operating income Nonperating gains(losses) Interest expense Unrealized gain (loss) on investments Xxxx Net Income 357 8,800 113,520 1,850 4,950.00 113,520.00 Aduaiment Trading Secures Depreciation-Funture Depreciation- Equipment 13.220 18000 80 900 00 Salary Payable inearned Revenue, customer Deposis 19,750 15,725 00 3,750.00 150,000 Premium of bonds payable 300.00 5,250 15,725.00o 600 28,800 5,000 Salary Expense 51 52,380 00 t Expense 10.410 Depreciation Expense-Funiture Depreciation Expense - Equipment 2 350 00 5,650 12,000 13,850.00 Bad Debts Expense Loss)-Investments 428 040 428940 28 462 00 28.462.00 438 797 00 438 797 00 otal WP-2