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The following account balances were taken from the adjusted trial balance for Urgent Messenger Service, a delivery service firm, for the fiscal year ended November

The following account balances were taken from the adjusted trial balance for Urgent Messenger Service, a delivery service firm, for the fiscal year ended November 30, 2018:

Depreciation expense $8,950
Fees earned 650,000
Insurance expense 1,700
Miscellaneous expense 3,800
Rent expense 52,000
Salaries expense 336,000
Supplies expense 4,100
Utilities expense 42,000

Prepare an income statement. If a net loss has been incurred, enter that amount as a negative number using a minus sign. Be sure to complete the statement heading. Refer to the Instructions and the list of Labels and Amount Descriptions for the exact wording of text entries. You will not need to enter colons (:) on the income statement.

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Urgent Messenger Service Income Statement (Label) 1 2 (Label) 3 4 5 7 09 8 9 10 11

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