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Required information (The following information applies to the questions displayed below.) The following information was reported in the December 31, 2017 financial statements of National

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Required information (The following information applies to the questions displayed below.) The following information was reported in the December 31, 2017 financial statements of National Airways, Inc. (listed alphabetically, amounts in millions). $ 4,035 740 10,300 3.130 1.300 Accounts Payable Accounts Receivable Aireraft Fuel Expense Cash Common Stock Dividends Equipment Income Tax Expense Interest Expense Landing Tees Expense Notes Payable Repairs and Maintenance Expense Retained Earnings (as of December 31, 2017) Salaries and Wages Expense Supplies Ticket Revenues 16.290 350 290 4.700 7,030 2.800 8.555 3.520 760 25,100 B OSE Expense Landing Fees Expense Notes Payable Repairs and Maintenance Expense Retained Earnings (as of December 31, 2017) Salaries and Wages Expense Supplies Ticket Revenues 4,700 7.030 2,800 8.555 3,520 25,100 1. Prepare an income statement for the year ended December 31, 2017. (Enter your answers in millions (ie., 10,000,000 should be entered as 10.).) NATIONAL AIRWAYS, INC. Income Statement (Amounts in millions)

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