Content Area The assets and liabilities of Thompson Computer Services at March 31, the end of the current fiscal year, and its revenue and expenses for the year follow. Mike Thompson, Capital, had a balance of $180,000 at April 1, the beginning of the current year. During the year, the owner invested an additional $25,000. Line Item Description Amount Accounts payable $1,200 Accounts receivable 12,340 Cash 32,990 Fees earned 78,890 Land 65,000 Building 143,670 Miscellaneous expense 350 Office expense 600 Supplies 1,670 Wages expense 32,460 Mike Thompson, Drawing 3,000 Prepare an income statement for the current year ended March 31