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Income Statement; Net Loss

The following revenue and expense account balances were taken from the ledger of Guardian Health Services Co. after the accounts had been adjusted on February 28, 20Y0, the end of the fiscal year:

Depreciation Expense	$18,800
Insurance Expense	9,210
Miscellaneous Expense	7,330
Rent Expense	76,000
Service Revenue	361,000
Supplies Expense	4,510
Utilities Expense	28,950
Wages Expense	283,900

Prepare an income statement. Use a minus sign to indicate a net loss.

Insurance expenseNet incomeNet lossService revenueSupplies expenseService revenue		$Service revenue
Expenses:
Fees earnedNet incomeNet lossWages expenseWages payableWages expense	$Wages expense
Fees earnedNet incomeNet lossPrepaid RentRent expenseRent expense	Rent expense
CashFees earnedNet incomeNet lossUtilities expenseUtilities expense	Utilities expense
Accumulated depreciationDepreciation expenseFees earnedNet incomeNet lossDepreciation expense	Depreciation expense
Fees earnedInsurance expenseNet incomeNet lossPrepaid insuranceInsurance expense	Insurance expense
Fees earnedNet incomeNet lossSupplies expenseSuppliesSupplies expense	Supplies expense
CashFees earnedMiscellaneous expenseNet incomeNet lossMiscellaneous expense	Miscellaneous expense
Total expenses		fill in the blank 17
Net incomeNet lossRent payableRent receivedWages payableNet loss		$Net loss