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The assets and libbaties of Thoirgson Computer Services at March 31 , the end of the cument yeu, and its revenue and expenses for the

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The assets and libbaties of Thoirgson Computer Services at March 31 , the end of the cument yeu, and its revenue and expenses for the year follow. The common stock was $120,000 and the recained earnings was $60,000 \& Apro 1, the beginning of the current vean. During the vear, shareholoers purchased an additional $25,000 in stock. Prepare an income statement for the current vear ended March 31. Thompson Computer Services Prepare an Income statement for the current year ended March 31

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