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Whats the income statement %) P1-61 A (similar to) The assets and labilties of Post Oak, Ine, as of December 31, 2016, and revenues and

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%) P1-61 A (similar to) The assets and labilties of Post Oak, Ine, as of December 31, 2016, and revenues and expenses for the year ensed on that EEBIClick the icon to view the account totals.) Read the reguirements Requirement 1. Prepare the income statement of Post Oak, Inc. for the year ended December 31, 2016 Let's begin the heading and then complete the rest of the statement (f a box is not used in the financial statements leave the box empty, do not select a label or enter a zero.) Post Oak, Inc Income Statement Year Ended December 31, 2016 Data Table Revenue $ 110,000 Land Equipment nterest expensn Interest payable Accounts payable Salary expense Building Cash Common stock S 29,000 99,900 .2,800 Property tax expense7,000 41,400 84,400 457,600 6,200 8,800 Expenses: 10,900 Note payatie 22,000 Rent experse 108,600 Acoounts receivable8 400,000 Service revenue 1,000 Suppies 800 Ubinies expense Begirning retained eamings was $363,900, and dividends totaled $104,000 fo the year Net income (os) Print Done

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