SUCCESS SYSTEMS Income Statement For Three Months Ended March 31, 2014 Computer services revenue Net sales S 25,207 18,293 Total revenue Cost of goods sold Depreciation expense-Office equipment Depreciation expense Computer equipment Wages expense Insurance expense Rent expense Computer supplies expense Advertising expense Mileage expense Repairs expense-Computer 43,500 $14,352 370 1,240 2,850 535 2,275 1,245 530 260 900 Total expenses 24,557 Net income S 18,943