Require Prepare the income statement for the year ended December 31. WILSON TRUCKING COMPANY Income Statement For Year Ended December 31 Revenues $ 118,000 Trucking revenue Expenses Depreciation expense Trucks $ 25,777 55,342 Salaries expense 9,500 Office supplies expense 10,148 Repairs expense Trucks 100,767 Total expenses Net income $ 17,233 Require Prepare the income statement for the year ended December 31. WILSON TRUCKING COMPANY Income Statement For Year Ended December 31 Revenues $ 118,000 Trucking revenue Expenses Depreciation expense Trucks $ 25,777 55,342 Salaries expense 9,500 Office supplies expense 10,148 Repairs expense Trucks 100,767 Total expenses Net income $ 17,233