The assets and liabilities of Thompson Computer Services at March 31, the end of the current year, and its revenue and expenses for the year follow. The capital of the owner was $180,000 at April 1, the beginning of the current year. Mr. Thompson invested an additional $25,000 in the business during the year Accounts payable Accounts receivable Cash Fees eamed Land Building v $2,000 Miscellaneous expense $1,030 10,340 Office Expense 1,240 21,420 Supplies 1,670 73,450 Wages expense 23,550 47,000 Drawing 16,570 157,630 Prepare an income statement for the current year ended March 31, Thompson Computer Services Income Statement For the Year Ended March 31 Expenses Accounts payable Total expenses