Income statement Hermes Services was organized on August 1, 20Y2. A summary of the revenue and expense transactions for August follows: Fees earned Wages expense $627,600 Rent expense Supplies expense Miscellaneous expense 440,800 28,100 6,800 9,300 Prepare an income statement for the month ended August 31. Hermes Services Income Statement For the Month Ended August 31, 20Y2 Expenses: Total expenses