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gel Online teachinx + Irn/takeAssignment/take AssignmentMain.do?invokerStake AssignmentSessionLocator=8inprogress=false Income statement Instructions Labels and Amount Descriptions Income Statement Final Question Instructions Wayne Corporation had the following revenue

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gel Online teachinx + Irn/takeAssignment/take AssignmentMain.do?invokerStake AssignmentSessionLocator=8inprogress=false Income statement Instructions Labels and Amount Descriptions Income Statement Final Question Instructions Wayne Corporation had the following revenue and expense account balances (in millions) for a recent year ending May 31: Depreciation expense $2,256 Fuel expense 5,182 Maintenance and repairs expense 1,860 Other expense (income) net Provision for income taxes 5,809 1.145 Purchased transportation 6,265 Rentals and landing fees 2,550 Revenues 42,760 Salaries and employee benefits 16,216 Previous Next > Income statement signmentSessionLocator=&inprogress=false Instructions Labels and Amount Descriptions Income Statement Instructions Final Question Rentals and landing fees Revenues 2,550 42,760 16,216 Salaries and employee benefits a. Prepare an income statement. If a net loss has been incurred, enter that amount as a negative number using a minus sign. Be sure to complete the statement heading. Refer to the instructions and the list of Labels and Amount Descriptions for the exact wording of tout entries. You will not need to enter colons () on the income statement b. Compare your income statement with the income statement that is available at FedEx's Web site (http//investors.fedex.com. Under Annual Report, select Download PDF. What similarities and differences do you see? Previous Next ahin X + sigment/take AssignmentMain.do?invoker=8.takeAssignmentSessionLocator=&inprogress=false Income statement Instructions Labels and Amount Descriptions Income Statement Final Question Instructions Income Statement Prepare an income statement. If a net loss has been incurred, enter that amount as a negative number using a minus sign. Be sure to complete the statement heading. Refer to the instructions and the list of Labels and Amount Descriptions for the exact wording of text entries. You will not need to enter colons () on the income statement Wayne Corporation Income Statement for the year ended May 31 Revenues $42,760.00 2 Expenses

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