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ter 1 Sand Help Save a . Required information The following information applies to the questions displayed below) The following information was reported in the
ter 1 Sand Help Save a . 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 Nircraft Puel Expense Cash Common Stock Dividonda 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 $4,490 610 9,000 3,000 1.235 35 14,230 220 160 3.400 1.500 3,325 695 10,600 1. Prepare an income statement for the year ended December 31, 2017 (Enter your answers in millions (ie, 10,000,000 should be entered as 10.).) NATIONAL AIRWAYS, ING Income Statement At December 31, 2017 (Amounts in millions) Expenses CO 1 2 3 4 Prev of 8 !! Next > rt 1 of 4 1. Prepare an income statement for the year ended December 31, 2017. (Enter your answers in millions (le. 10,000,000 should be entered as 10).) eBook NATIONAL AIRWAYS, INC. Income Statement At December 31, 2017 (Amounts in million) Expenses Alrcraft Fuel Expense Equipment Total Expenses Revenues Cash Dividends Ticket Revenues Common Stock Retained Earings 0 0
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