P Do Homework - Briona Baysmore - Google Chrome https://www.mathxl.com/Student/PlayerHomework.aspx?homeworkld=391759995&questionid=1&flushed=true&cid=41 66406¢erwin=yes ACCT 2010.008-Fall 2016 Briona Baysmore 9/20/16 11:29 PM Homework: Chapter 3 Homework Score: 0 of 1 pt S3-9 (similar to) Save 1 of 8 (0 complete) HW Score: 0%, 0 of 10 pts Question Help During 2016, Blue Sky Airlines paid salary expense of $41.2 milion. At December 31, 2016, Blue Sky accrued salary expense of $2.5 million. Blue Sky then paid $2.8 million to its employees on January 3, 2017, the company's next payday after the end of the 2016 year. For this sequence of transactions, show what Blue Sky would report on its 2016 income statement and on its balance sheet at the end of 2016. Complete the table below to show what Blue Sky would report on its 2016 income statement. (Enter amount in millions as provided to you in the problem statement, $X.X.) Income Statement 2016 Choose from any list or enter any number in the input fields and then click Check Answer. part remaining Clear All Check Answer 11:29 PM O Ask me anything 9/20/2016