question 3 assignmet 4

Instructions The following account balances were taken from the adjusted trial balance for Capstone Messenger Service, a delivery service firm, for the fiscal year ended April 30, 2017: Depreciation Expense $8,600 Fees Earned 664,000 Insurance Expense 1,700 Miscellaneous Expense 3,750 Rent Expense 59.000 Salaries Expense 338,000 Supplies Expense 4,200 Utilities Expense 42,200 Labels and Amount Descriptions e fo Labels April 30, 2017 Expenses For the Year Ended April 30, 2047 Amount Descriptions Net income Net loss Total expenses Prepare an income statement. Be sure to complete the statement heading. Refer to the account names in the instructions and the lists of Labels and Amount Descriptions for the exact wording of text entries. Enter amounts as positive numbers unless the amount is a calculation that results in a negative amount. For example: Ner loss should be negative. Expenses should be positive. A colon (:) will automatically appear if it is required Capstone Messenger Service Income Statement (Label) 1 2 Label) 5 4 5 6 10 11