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Best Services, INC., began 2016 with total assets of $200 million and ended 2016 with assets of $325 million. During 2016, Best Services earned revenues

Best Services, INC., began 2016 with total assets of $200 million and ended 2016 with assets of $325 million. During 2016, Best Services earned revenues of $400 million and had expenses of $170 million. Best Services paid of $330 million in 2016. Prepare the company's income statement for the year ended December 31, 2016, complete with an appropriate heading. image text in transcribed
Best Services, Inc., began 2016 with total assets of $200 million and ended 2016 with assets of $325 million. During 2016, Best Services earned revenues of $400 milion and had expenses of $170 million. Best Services paid dividends of $30 million in 2016. Prepare the company's income statement for the year ended December 31, 2016, complete with an appropriate heading Propare the income statement. (Enter all amounts in millions. For example, $100 million should be entered into the statement as S100. Enter a net loss with a minus sign or parentheses. If a box is not used in the financial statement leave the box empty, do not select a label or enter a zero.) Best Services, Inc. Income Statement Year Ended December 31, 2016 millions) Net income (loss)

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