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The New Orleans Adventures for the year ended December 31 for data following. Required: Prepare an income statement. Be sure to complete the statement heading.

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The New Orleans Adventures for the year ended December 31 for data following. Required: Prepare an income statement. Be sure to complete the statement heading. Refer to the lists of Accounts in the information given, Labels, and Amount Descriptions for the exact wording of the answer choices for text entries. Enter all amounts as positive numbers. Labels For the Year Month December 31 For the Year Ended December 31 Amount Descriptions Gross loss Gross profit Income from continuing operations Income from continuing operations before income tax Net income Net loss Prepare an income statement. Be sure to complete the statement heading. Refer to the lists of Accounts in the information given, Labels, and Amount Descriptions for the exact wording of the answer choices for text entries. Enter all amounts as positive numbers

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