Financial Statements from the End-of-Period Spreadsheet Paoli Consulting is a consulting firm owned and operated by Mary Paoli. The following end-of-period spreadsheet was prepared for the year ended March 31, 2019: During the year ended March 31, 2019. $2,800 of additional common stock was issued Paoli Consulting End-of-Period Spreadsheet For the Year Ended March 31, 20Y9 Unadjusted Trial Balance Unadjusted Account Title Dr. Trial Balance Cr. Adjustments Dr. Adjustments Cr. Adjusted Trial Balance Dr. Adjusted Trial Balance Cr. Cash 8,730 8.730 Accounts Receivable 20,790 20,790 Supplies 2,200 1,850 350 Land 17,670 17.670 Building 16.630 16.630 Accumulated Depreciation 2.310 1,100 3,410 Accounts Payable 5.610 5.610 Salaries Payable 270 270 Common Stock 7,000 7,000 Retained Earnings 14.210 14.210 Dividends 2,700 2,700 Fees Earned 57.050 57.050 Salary Expense 15,800 270 16.070 Supplies Expense 1.950 1.850 Depreciation Expense 1.100 1,100 Miscellaneous Expense 1,660 86,180 1.660 86,180 3.220 3.220 87.550 87,550 Based on the preceding spreadsheet, prepare an income statement for Paoli Consulting. Paoli Consulting Income Statement For the Year Ended March 31, 20Y9 Line Item Description Fees earned Expenses: Amount Salary expense 16,070 Supplies expense 1,850 Depreciation expense 1,100 Check My Work Amount 57,050