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Check my work 5 Part 1 of 3 0.28 points Required information The following information applies to the questions displayed below.) The following information was
Check my work 5 Part 1 of 3 0.28 points Required information The following information applies to the questions displayed below.) The following information was reported in the December 31 financial statements of National Airways. Incorporated (listed alphabetically, amounts in millions), Accounts Payable $4,345 Accounts Receivable 650 Aircraft Fuel Expense 9,400 Cash 3,640 Common Stock 2,255 Dividends 30 Equipment 15,210 Income Tax Expense Interest Expense Landing Fees Expense 3,800 Notes Payable 6,985 Repairs and Maintenance Expense 1,900 Retained Earnings (as of December 31) 7,038 Salaries and Wages expense 3,385 Supplies 715 Ticket Revenues 20,60 Print References 260 2001 1. Prepare an income statement for the year ended December 31. (Enter your answers in millions (i.e., 10,000,000 should be entered as 10.).) NATIONAL AIRWAYS, Incorporated Income Statement For the Year Ended December 31 (Amounts in millions) Revenues 0 0
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