Prepare an income statement, assuming that 500 students enroll in a course. Determine the cost of waste associated with unused books. CIA REVIEW, INCORPORATED Income Statement Revenue $ 1,250,000 Expenses Cost of textbooks $ 90,000 (X Cost of teachers 45,000 Other operating expenses V 72,000 Total expenses 207,000 Net income $ 1,043,000 Cost of waste associated with unused $ 9,000 X books Reg A Req B1 >Prepare an income statement, assuming that 600 students attempt to enroll in the course, but 50 students are turned away because of too few textbooks. CIA REVIEW, INCORPORATED Income Statement Revenue $ 1,500,000 x Expenses Cost of textbooks 90,000 X Cost of teachers V 45,000 Other operating expenses 72,000 Total expenses 207,000 Net income $ 1,293,000 Req A Req B1 Req B2 Req B3 Req C Req D1 Req D2 Prepare an income statement, assuming that 600 students attempt to enroll in the course, with all being accepted. CIA REVIEW, INCORPORATED Income Statement Revenue $ 1,500,000 Expenses Cost of textbooks $ 99,000 X Cost of teachers 45,000 V Other operating expenses V 72,000 Total expenses 216,000 Net income $ 1,284,000x) Answer is complete but not entirely correct. Complete this question by entering your answer in the tabs below. Req A Req B1 Req B2 Req B3 Req C Req D1 Reg D2 Determine the amount of lost profit resulting from the inability to serve the 50 additional students. Lost profit from not serving additional students $ 125,000 X K Req B2 Req C >