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Advertising and marketing Brokerage commissions (revenues) Building rent and utilities Fees from clients for investment advice Labor cost for advice Managers' salaries Sales commissions to

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Advertising and marketing Brokerage commissions (revenues) Building rent and utilities Fees from clients for investment advice Labor cost for advice Managers' salaries Sales commissions to brokers Training programs for brokers Fees paid to execute trades $ 91,000 3,009,000 174,000 1,492,000 806,000 302,000 244,000 424,000 1,997,000 Required: Prepare an income statement for October for CBS. CHUCK'S BROKERAGE SERVICE Income Statement For the Month Ending October 31 Sales revenue Total revenues Cost of services sold Total costs of services Marketing and administrative costs Total marketing and administrative costs

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