Please construct an income statement for the firm
Format (monetary figures, underlines, headings)
Groupings correct
Correct numbers
Assume:
1) That 7.5% of patient services revenue is likely uncollectable
2) That the firm has equipment with the following information:
Purchase price: $3,700,000
Scrap value: $604,889
Years of use: 7
Delivery and building reading charges: $160,000
Staff to work machine: $180,000 (per year)
Date	(Multiple Items)
Row Labels	Average of Amount
General expense	213646.875
Grant	42717.5
Investment income	31863
Other revenue	9996.111111
Patient service revenue	59724.82245
Supplies	155944.5385
Wages	376014.3947
Grand Total	93643.85386