PREPARE INCOME STATEMENT

Nancy Tercek started a delivery service, Tercek Deliveries, on June 1, 2015. The following transactions occurred during the month of June June 1 Stockholders invested 19,150 cash in the business in exchange for common stock. 2 Purchased a used vann for deliveries for $14,576. Nancy paid $3,255 cash and signed a note payable for the remaining balance 3 Paid $338 for office rent for the month 5 Performed $4,825 of services on account. 9 Declared and paid $352 in cash dividends 12 Purchased supplies for $265 on account. 15 Received a cash payment of $1,274 for services provided on June 5 17 Purchased gasoline for $127 on account. 20 Received a cash payment of $1,386 for services provided 23 Made a cash payment of $700 on the note payable 26 Paid $133 for utilities 29 Paid for the gasoline purchased on account on June 17. 30 Paid $2,161 for employee salaries