The account balances of Wilford Towing Service at June 30, 2016, follow: (Click the icon to view the account balances.) Requirements 1. Prepare the income statement for Wilford Towing Service for the month ending June 30, 2016. 2. What does the income statement report? Requirement 1. Prepare the income statement for Wilford Towing Service for the month ending June 30, 2016. (1 a box la not used in the table leave the box empty, doro on an entity's assets, liabilities, and owner's equity as of a specific date, on an entity's assets, liabilities, and owner's equity for a period of time revenues and expenses as of a specific date revenues and expenses for a period of time the changes in capital for a business entity as of a specific date. the changes in capital for a business entity during a time period Net Income Requirement 2. What does the The income statement reports e for the month ending June 30, 2016. Towing Se Data Table ct a label or $ 13,000 8,200 Equipment Office Supplies Notes Payable Rent Expense 17,500 Service Revenue 1,300 Accounts Receivable 6,900 Accounts Payable 800 Wilford, Capital, June 1, 2016 1,900 Salaries Expense 6,000 7.700 Cash 1,900 Wilford, Withdrawals 2,000 Print Done fields and then continue to the next