Financial Statements from the End-of-Period Spreadsheet Demo Consulting is a consulting firm owned and operated by Jesse Flatt. The following end-of-period spreadsheet was prepared for the year ended August 31, 20Y9: Demo Consulting End-of-Period Spreadsheet For the Year Ended March 31, 20Y9 Account Title Unadjusted Trial Balance Dr. Unadjusted Trial Balance Cr. Adjustments Dr. Adjustments Cr. Adjusted Trial Balance Dr. Adjusted Trial Balance Cr. Cash 8,590 8,590 Accounts Receivable 20,450 20,450 Supplies 2,170 1,820 350 Land 17,790 17,790 Office Equipment 16,770 16,770 Accumulated Depreciation 2,270 1,080 3,350 Accounts Payable 5,520 5,520 Salaries Payable 270 270 Common Stock 6,900 6,900 Retained Earnings 13,960 13,960 Dividends 2,660 2,660 Fees Earned 56,550 56,550 Salary Expense 15,130 270 15,400 Supplies Expense 1,820 1,820 Depreciation Expense 1,080 1,080 Miscellaneous Expense 1,640 1,640 85,200 85,200 3,170 3,170 86,550 86,550 Question Content Area Based on the preceding spreadsheet, prepare an income statement for Demo Consulting. Demo Consulting Income Statement For the Year Ended August 31, 20Y9