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).

Accounts Payable	$	4,650
Accounts Receivable		580
Aircraft Fuel Expense		8,700
Cash		2,970
Common Stock		1,220
Dividends		20
Equipment		14,370
Income Tax Expense		260
Interest Expense		130
Landing Fees Expense		3,100
Notes Payable		6,950
Repairs and Maintenance Expense		1,200
Retained Earnings (as of December 31, 2017)		5,780
Salaries and Wages Expense		3,280
Supplies		680
Ticket Revenues		17,100

1. Prepare an income statement for the year ended December 31, 2017. (Enter your answers in millions (i.e., 10,000,000 should be entered as 10.).)