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 $$190,000$ at April $1,$ the beginning of the current year. Mr$.$ Thompson invested an additional $$25,000$ in the business during the

year.

Prepare an income statement for the current year ended March $31.$

Thompson Computer Services

Income Statement

For the Year Ended March $31$

Expenses:

Total expenses