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Jason Chan operates a takeout pizza business called A Slice of Life Ltd . During the month of November, the following things occurred: He paid

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Jason Chan operates a takeout pizza business called A Slice of Life Ltd. During the month of November, the following things occurred:
He paid $7,692 for pizza ingredients, $1,200 for rent, $220 for the telephone system, and $1,090 for utilities.
He took in $23,700 from selling pizzas.
He used up $7,130 worth of ingredients to make the pizzash
His employees earned and were paid wages totalling $5,700 for the month.
(a) Prepare a statement of income to determine how much A Slice of Life Ltd. earned in November.
A Slice of Life Ltd.
Statement of Income
For the month of November, 2
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