Instructions Labels and Amount Descriptions Income Statement Instructions A-One Travel Service is owned and operated by Kate Duffner. The revenues and expenses of A-One Travel Service for the year ended August 31, 20Y6, follow: Accounts (revenue and expense Items) Fees earned Office expense Miscellaneous expense Wages expense $1,485,000 325,000 26,000 875,000 Required: Prepare an income statement for the year ended August 31, 20Y6. X

Required: Prepare an hoone statument for the year ended August 3t, 20 Y 6