BBE (the company) is a new delivery company that just started this year. BBE uses accrual accounting. The following transactions occurred during this year (create an Income statement only):

BBE made 24 deliveries for clients earning $240,000.

BBE worked on an additional special delivery which earned $50,000.

-The BBE team is made up of 4 employees who earn $40,000 each per year and all were employed for the entire year.

BBE bought fuel during the year for $30,000.

BBE had miscellaneous expenses (road tolls, meals, etc.) of $8,000

BBEs delivery truck usage depreciates $50,000 in the period.

BBEs incurred interest on their bank loan of $15,000.

What is BBEs Total Revenue during the period?

What is BBEs Total Expenses during the period?

What is BBEs Net Income during the period?

Calculate BBEs Net Income Margin ratio?