Income Statement The revenues and expenses of Sentinel Travel Service for the year ended August 31, 2019, follow: Fees earned Office expense Miscellaneous expense Wages expense $709,200 163,115 14,185 340,415 Prepare an income statement for the year ended August 31, 2019. Sentinel Travel Service Income Statement For the Year Ended August 31, 2019 Fees earned Expenses: 163.115 14,185 340,415 Total expenses Net income 709,200