Instructions Labels and Amount Descriptions Income Statement Instructions The following accounts were taken from the Adjusted Trial Balance columns of the end-of-period spreadsheet for April 30, for Finnegan Co.: Accounts Amount Labels and Amount Descriptions Accumulated Depreciation $32,000 Fees Earned 78,000 Labels Depreciation Expense 7,250 April 30 Rent Expense 34,000 Expenses Prepaid Insurance 6,000 For the Period Ended April 30 Supplies 400 Amount Descriptions Supplies Expense 1,800 Net income Net loss Required: Total expenses Instructions Accumulated Depreciation $32,000 Fees Earned 78,000 7,250 Depreciation Expense Rent Expense 34,000 Prepaid Insurance 6,000 400 Supplies Supplies Expense 1.800 Required: Prepare an income statement. Be sure to complete the statement heading. Refer to the lists of Accounts in the information given, Labels, and Amount Descriptions for the exact wording of the answer choices for text entries. You will not need to enter colons (:) on the income statement. Income Statement Prepare an income statement. Be sure to complete the statement heading. Refer to the lists of Accounts in the information given, Labels, and Amount Descriptions for the exact wording of the answer choices for text entries. You will not need to enter colons :) on the income statement Finnegan Co. Income Statement (Label) 2 (Label) Income Statement Income Statement (Label) 1 2 (Label) 3 4 5 6 7