For the year ended June 30, 2021, Tamarisk Inc. had service revenue of $754,000 and operating expenses of $527,000. The company has a 15% income tax rate. No income tax instalments have been paid or recorded. Prepare an income statement for Tamarisk Inc. for the year ended June 30, 2021.

TAMARISK INC. Income Statement choose the accounting period June 30, 2021Year Ended June 30, 2021Month Ended June 30, 2021
select an income statement item RevenuesProfit Before Income TaxBeginning Balance, July 1Gross ProfitProfit/(Loss)Income Tax ExpenseOperating ExpensesEnding Balance, June 30		$enter a dollar amount
select an income statement item Gross ProfitBeginning Balance, July 1Profit/(Loss)Profit Before Income TaxEnding Balance, June 30RevenuesOperating ExpensesIncome Tax Expense		enter a dollar amount
select a summarizing line for the first part Profit Before Income TaxIncome Tax ExpenseProfit/(Loss)RevenuesGross ProfitOperating ExpensesEnding Balance, June 30Beginning Balance, July 1		enter a subtotal of the two previous amounts
select an income statement item Profit/(Loss)Income Tax ExpenseOperating ExpensesBeginning Balance, July 1Profit Before Income TaxEnding Balance, June 30RevenuesGross Profit		enter a dollar amount
select a closing name for this statement Operating ExpensesIncome Tax ExpenseBeginning Balance, July 1Gross ProfitProfit Before Income TaxRevenuesEnding Balance, June 30Profit/(Loss)		$enter a total profit or loss amount