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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) Accounts Payable Accounts Receivable Aircraft 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 $ 4,125 710 10,000 3,100 1,285 20 15,930 320 260 4.400 7,015 2,500 8,060 3,475 745 23,600 1. Prepare an income statement for the year ended December 31, 2017. (Enter your answers in millions (l.e., 10,000,000 should be entered as 10.).) NATIONAL AIRWAYS, INC Income Statement (Amounts in millions 0 0 Nart >

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