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