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

The following account balances were taken from the adjusted trial balance for Laser Messenger Service, a delivery service firm, for the fiscal year ended April 30, 2016:

Depreciation Expense $8,550
Fees Earned 684,000
Insurance Expense 1,200
Miscellaneous Expense 3,600
Rent Expense 60,000
Salaries Expense 336,300
Supplies Expense 3,500
Utilities Expense 41,800

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 Chart of Accounts for exact wording of account titles. Use the list of Labels and Amount Descriptions for the correct wording of text items other than account names. You will not need to enter colons (:) on the income statement.

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