Immediate Wireless Inc. began2020 with total assets of$90 million and ended2020 with assets of$160 million. During2020, Immediate earned revenues of $80 million and had expenses of$19 million.Immediate paid dividends of$8 million in2020. Prepare thecompany's income statement for the year ended December31,2020, complete with the appropriate heading.

FILL IN ALL BLANKS:

Complete the heading and then the body of the income statement. (Use parentheses or a minus sign for a net loss.) (In millions)