*This account has a credit balance representing the portion of the cost of the equipment used in the past. a. Received $9,700 cash for consulting services rendered. b. Issued 12 additional shares of common stock at a market price of $121 per share. c. Purchased $660 of office equipment, paying 25 percent in cash and owing the rest on a short-term note. d. Received $900 from clients for consulting services to be performed in the next year. e. Bought $490 of supplies on account. f. Incurred and paid $1,830 in utilities for the current year. g. Consulted for clients in the current year for fees totaling $1,640, due from clients in the next year. h. Received $3,200 from clients paying on their accounts. 1. Incurred $6,230 in salaries in the current year, paying $5,330 and owing the rest (to be paid next year). J. Purchased $1,250 in short-term investments and paid $810 for insurance coverage beginning in the next fiscal year. k. Received $11 in interest revenue earned in the current year on short-term investments. Required: Prepare in good form an unadjusted classified income statement for the current year ended December 31. (Ignore income taxes.) (Enter your answer in thousands, not in dollars.) Answer is not complete. CONOVER, INC. Income Statement (unadjusted) Operating revenues: Consulting fees revenue S 11,340 Total operating revenues 11,340 Operating expenses: Salaries expense Utilities expense 6,230 1,830 Total operating expenses 8,060 Other item: Interest revenue Net income 11 $ 11