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Income statement; net loss The following revenue and expense account balances were taken from the ledger of Acorn Health Services Co. after the accounts
Income statement; net loss The following revenue and expense account balances were taken from the ledger of Acorn Health Services Co. after the accounts had been adjusted on January 31, 20Y7, the end of the fiscal year: Depreciation Expense $9,000 Insurance Expense 8,000 Miscellaneous Expense 7,150 Rent Expense 59,000 Service Revenue 634,400 Supplies Expense 3,100 Utilities Expense 42,900 Wages Expense 555,200 This information has been collected in the Microsoft Excel Online file. Open the spreadsheet, perform the required analysis, and input your answers in the questions below. X Open spreadsheet Prepare an income statement. Round your answers to the nearest dollar. Use a minus sign to enter loss, if any. Acorn Health Services Co. Tacoma Statement
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