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Wayne Corporation had the following revenue and expense account balances (in millions) for a recent year ending May 31: Depreciation Expense Fuel Expense Maintenance and
Wayne Corporation had the following revenue and expense account balances (in millions) for a recent year ending May 31: Depreciation Expense Fuel Expense Maintenance and Repairs Expense Other Expense (Income) Net Provision for Income Taxes Purchased Transportation Rentals and Landing Fees Revenues Salaries and Employee Benefits $675 2,356 1,148 3,645 587 878 1,276 18,023 6,433 a. Prepare an income statement. Wayne Corporation Income Statement For the Year Ended May 31 (in millions) Expenses Total expenses
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