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Income Statement Wayne Corporation had the following revenue and expense account balances (in millions) for a recent year ending May Depreciation Expense $1,145 Fuel Expense
Income Statement Wayne Corporation had the following revenue and expense account balances (in millions) for a recent year ending May Depreciation Expense $1,145 Fuel Expense 3,996 Maintenance and Repairs Expense 1,947 Other Expense (Revenue) Net 6,183 Provision for Income Taxes 996 Purchased Transportation 1,489 Rentals and Landing Fees 2,164 Revenues 30,572 Salaries and Employee Benefits 10,912 Prepare an income statement. Wayne Corporation Income Statement For the Year Ended May 31 (in millions) Revenues 30,572 Expenses: Salaries and employee benefits Purchased transportation Fuel expense Rentals and landing fees Depreciation expense Maintenance and repairs expense Qlllllll [] Provision for income taxes Other expense (revenue) net Total expenses Net income
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