Financial Statements

The amounts of the assets and liabilities of Wilderness Travel Service at April 30, 20Y5, the end of the year, and its revenue and expenses for the year are listed below. The capital of Harper Borg, owner, was $51,470 at May 1, 20Y4, the beginning of the year, and the owner withdrew $24,200 during the year.

Accounts payable $17,490 Accounts receivable 93,600 Cash 188,960 Fees earned 677,200 Miscellaneous expense 5,400 Rent expense 90,070 Supplies 8,140 Supplies expense 14,410 Taxes expense 10,000 Utilities expense 54,040 Wages expense 257,340

1.how do you make an income statement for the year ended April 30, 20Y5.