Income statement

A$-$One Travel Service is owned and operated by Kate Duffner. The revenues and expenses of A$-$One Travel Service for the year ended August $31,20$Y$6,$ follow:

Fees earned

Office expense

Miscellaneous expense

Wages expense

$$1,150,000$

$150,000$

$45,000$

$640,000$

Prepare an income statement for the year ended August $31,20Y6.$

A$-$One Travel Service

Income Statement

For the Year Ended August $31,20$ Y$6$

Line Item Description Amount Amount

Expenses:

$$ $ $$

$$

$$

$$

$$

Total expenses

$$ $