1. Income Statement

   The following account balances were taken from the adjusted trial balance for Urgent Messenger Service, a delivery service firm, for the fiscal year ended November 30, 20Y1:

   Depreciation Expense	$12,000
   Fees Earned	637,200
   Insurance Expense	2,280
   Miscellaneous Expense	4,800
   Rent Expense	91,200
   Salaries Expense	320,400
   Supplies Expense	4,080
   Utilities Expense	34,800

   Prepare an income statement for Urgent Messenger Service.

   Urgent Messenger Service
   Income Statement
   For the Year Ended November 30, 20Y1
   		$
   Expenses:
   	$
   Total expenses
   		$