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FedEx Corporation (FDX) had the following revenue and expense account balances (in millions) for a recent year ending May 31: Depreciation expense $2,217 Fuel expense
FedEx Corporation (FDX) had the following revenue and expense account balances (in millions) for a recent year ending May 31: Depreciation expense $2,217 Fuel expense 5,122 Maintenance and repairs expense 1,840 Other expense (income) net 5,764 Provision for income taxes 1,127 Purchased transportation 6,265 Rentals and landing fees 2,585 Revenues 42,580 Salaries and employee benefits 16,135
Create an income statement and answer the following.
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