Income Statement JUM Services was organized on August 1, 2045. A summary of the revenue and expense transactions for August follows: Fees earned $2,550,000 Wages expense 1,612,500 Miscellaneous expense 41,250 Rent expense 240,000 Supplies expense 22,500 Prepare an income statement for the month ended August 31, ILM Services Income Statement For the Month Ended August 31, 2045 Operating expenses Total operating expenses