Check DeLuxe Limo Service has the following information for March. Sales revenue Variable costs of operations, excluding labor costs Employee wages and salaries Manager salaries Fixed cost of automobiles Building costs (rent, utilities, etc.) $ 260,000 78,000 101,000 23,000 26,000 13,500 a 5 percent of this cost was wasted due to poor directions given to limo drivers. b5 percent of this cost was for time spent by Timo drivers because of poor directions 10 percent of this cost was time taken to address customer complaints. d The limos have 40 percent unused capacity The building has 10 percent unused capacity. Required: 6. Using the traditional income statement format, prepare a value income statement (Loss amounts should be indicated with a minus sign.) DELUXE LIMO SERVICE