On November 1, 2020, Jean Higgins started a wedding planning company, Extraordinary Studios. On November 30, 2020, the company's records showed the following items. Cash Accounts receivable Office supplies Automobiles Office equipment Accounts payable $20,500 17,900 5,900 45,000 25,970 8,400 Owner's investments 93,000 Owner's withdrawals 4,710 Wedding consulting revenue 31,000 Rent expense 3,000 Salaries expense 6,900 Telephone expense 1,770 750 Utilities expenses Use the above information to prepare a November income statement for the business. Revenues: EXTRAORDINARY STUDIOS Income Statement For Month Ended November 30, 2020 Operating expenses: Total operating expenses