The following items and amounts are taken from the 2013 financial records of Cynatech. Prepare an income statement for the year ending December 31, 2013:

Prepaid rent...................	$ 3,200	Salaries payable........................	$ 6,000
Equipment...........	29,000	Common stock.......................	10,500
Salaries expense.......	42,000	Supplies expense..............................	4,700
Utilities expense.........	1,100	Retained earnings, Jan. 1, 2013.........	12,000
Dividends.....................................	7,600	Insurance expense..................	8,200
Accounts payable.......	10,200	Service revenue.....................	95,000
Cash.........	9,900	Repair expense......................	4,500
Accounts receivable..........	9,500

Answer:

Cynatech
Income Statement
For Year Ended December 31, 2013
	Revenues
			$______
	Expenses
	Total expense		$______
	Net Income		$______

(Hint: Remember you do not need all the data, prepare the income statement with only those that are used to prepare the report. Ignore others)