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Proper Studio is a beauty salon that provides hair and nail services. Hair services and nai services are provided by two separate profit centres. Proper

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Proper Studio is a beauty salon that provides hair and nail services. Hair services and nai services are provided by two separate profit centres. Proper Studio is a sole proprietorship, thus the company is not responsible for paying income taxes. Michelle Mignon, the owner of the salon, does all of the administrative work and does not deduct payroll for herself. Payroll expenses are paid only to the employees that are hired to work in the hair and nails departments. Prop Studio incurred the following revence and expenses for the year ending November 30, 2016. Required Arrange the above financial information into a summary operating statement for the year ending Novernber 30,2016. Do not enter dollar signs or commas in the input boxes Information and Telecommunications Systems Sales and Marketing Property Operations and Maintenance Utilities Total Undistributed Expenses Gross Operating Profit Non-Operating Expenses Rent Property and Other Taxes Insurance Total Non-Operating Expenses Earnings Before Interest, Taxes, Depreciation, and Amortization (EBITDA) \$ Less: Interest Depreciation Total Interest and Depreciation Net income

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