JLM Services was organized on August 1, 20Y5. A summary of therevenueandexpensetransactions for August are as follows:

Fees earned$745,100

Wages expense380,000

Miscellaneous expense24,600

Rent expense73,800

Supplies expense23,100

Prepare an income statement for the month ended August 31.

JLM ServicesIncome StatementFor the Month Ended August 31, 20Y5

$

Operating Expenses:

$

$

$

$

Total operating expenses $

$