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Revenue $ 0 $ 2 1 2 $ 0 Faculty wages $ 0 $ 0 $ 2 , 1 0 0 Course supplies $ 0

Revenue $ 0 $ 212 $ 0
Faculty wages $ 0 $ 0 $ 2,100
Course supplies $ 0 $ 37 $ 45
Administrative expenses $ 28,800 $ 6 $ 26
In June, the school budgeted for 1,910 students and 111 courses. The school's income statement showing the actual results for the month appears below:
Hislop Tech
Income Statement
For the Month Ended June 30
Actual students 1,810
Actual courses 106
Revenue $ 387,740
Expenses:
Faculty wages 218,200
Course supplies 72,360
Administrative expenses 41,716
Total expense 332,276
Net operating inc

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