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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
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). $ 4,285 670 9.680 3,060 1,265 4a Accounts Payable Accounts Receivable Aircraft Fuel Expense Cash Common Stock Dividends Equipment Income Tax Expense Interest Expense Landing Fees Expense Notes Payable Repairs and Maintenance Expense Retained Earnings (as of December 31, 2017) Salaries and Wages Expense Supplies Ticket Revenues 15,45 280 220 4.ee 6,995 2,180 7,360 3.415 725 21,600 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.).) Required information NATIONAL AIRWAYS, INC. Income Statement (Amounts in millions)
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