in stock.

$\backslash$table$[[$Accounts$,$Amount,Accounts,Amount$],[$Accounts payable,$$2,000,$Miscellaneous expense,$$1,030],[$Accounts receivable,$10,340,$Office expense,$1,240],[$Cash$,21,420,$Supplies,$1,670],[$Fees earned,$73,450,$Wages expense,$23,550],[$Land$,47,000,$Dividends,$16,570],[$Building$,157,630,,]]$

Required:

Prepare an income statement for the current year ended March $31.$ Be sure to complete the statement heading. Refer to the lists of Accounts in the information given, Labels, and Amount Descriptions for the exact wording of the answer choices for text entries. You will not need to enter colons $($ on the income statement.