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The following are the assets and labiles of Mary Burke Realty Company, as of January 31, 2021. Also included are revenue, expense, and selected
The following are the assets and labiles of Mary Burke Realty Company, as of January 31, 2021. Also included are revenue, expense, and selected stockholders' equity figures for the year ended on that date (amounts in millions) (Click the icon to view the account balances.) (Click the icon to view the balance sheet) Read the requirements Requirement 1. Prepare the income statement of Mary Burke Realty Company for the year ended January 31, 2021. (Enter all amounts in millions. If an input field is not used in the income statement leave the field empty, do not select a label or enter a zero.) Revenue Expenses Net income (loss) Data table (millions) Total revenue 28.6 Investment assets (long-term) $ 76.5 Receivables Current liabilities 0.5 Property and equipment, net 1.8 1.0 Other expenses 7.3 Common stock 38.9 Retained earnings, beginning 25 Interest expense 1.1 Retained earnings, ending 2 Salary and other employee expenses 13.2 Cash 57.2 Long-term liabilities 102.1 Other assets (long-term) 97 Print Done X
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