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k: Ch. 1 Homework 6 of 7 (6 complete) HW Score ar to) ompany earned revenues of $152 million. view additional information.) ts. are the income statement (with a proper heading) for 2018. (Enter all amounts in millions. If a box is not used box empty, do not select a label or enter a zero.) Vance Company i More Info Vance incurred, during that same year, salary expense of $26 million, rent expense of $24 million, and utilities expense of $25 million. Vance declared and paid dividends of $11 million during the year. At December 31, 2018, Vance had cash of $145 million, accounts receivable of $60 million, property and equipment of $41 million, and other long-term assets of $20 million. At December 31, 2018, the company owed accounts payable of $65 million and had a long-term note payable of $27 million. Vance began 2018 with a balance in retained earnings of $78 million. At December 31, 2018, Vance had total stockholders equity of $174 million, which consisted of common stock and retained earnings. Vance has a year-end of December 31. Print Done y list or enter any number in the input fields and then click Check Answer Clear All Check Answ Emett Kamran Lal Homework: Ch. 1 Homework 6 of 7 (6 complete) HW SC Score: 0 of 6 pts E1-31A (similar to) During 2018, Vance Company earned revenues of $152 million. (Click the icon to view additional information) Read the requirements Requirement 1. Prepare the income statement (with a proper heading) for 2018. (Enter all amounts in milions. If a box is not statement, leave the box empty, do not select a label or enter a zero) Vance Company Income Statement December 31, 2018 (millions) Revenue Exponses Not income foss) Choose from any list or enter any number in the input fields and then click Check Arwwer. 4 Forning Cew All Check An 119 -h or type URL