! Required information [The following information applies to the questions displayed below.] The following information was reported in the December 31 financial statements of National Airways, Incorporated (listed alphabetically, amounts in millions). Accounts Payable $4,225 Accounts Receivable Aircraft Fuel Expense Cash Common Stock Dividends Equipment Income Tax Expense 690 9,800 3,080 1,275 50 15,690 300 Interest Expense 240 Landing Fees Expense 4,200 Notes Payable 7,005 Repairs and Maintenance Expense 2,300 Retained Earnings (as of December 31) 7,690 Salaries and Wages Expense 3,445 Supplies 735 Ticket Revenues 22,600 1. Prepare an income statement for the year ended December 31. (Enter your answers in millions (i.e., 10,000,000 should be entered as 10.).) NATIONAL AIRWAYS, Incorporated Income Statement For the Year Ended December 31 (Amounts in millions)