The account balances of Whitaker Towing Service at June 30, 2016, follow: (Click the icon to view the account balances.) Requirements 1. Prepare the income statement for Whitaker Towing Service for the month ending June 30, 2016. 2. What does the income statement report? Requirement 1. Prepare the income statement for Whitaker Towing Service for the month ending June 30, 2016. (If a box is not used in the table leave the box empty, do not select a label or enter a zero.) Data Table $ 17,750 Service Revenue $ 12,500 600 Accounts Receivable 6,200 Equipment Office Supplies Notes Payable Rent Expense 9,000 3,900 Net Income 6,500 Accounts Payable 650 Whitaker, Capital, June 1, 2016 1,800 Salaries Expense 3,000 Cash 1,900 Requirement 2. What does the income statement report? Whitaker, Withdrawals The income statement reports Print Done