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Prepare an Income Statement for Pet Sitters,Inc

Question 126

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Prepare an income statement for Pet Sitters,Inc.,using the following data for the year ending December 31,2017.Show proper order of accounts and operating income and net income.
 Income Tax Expense Wages Expense Operating and Administrative  Expense $637,9005,986,000531,800Sales RevenueDepreciation ExpenseInterest Expense$8,964,500375,400268,400\begin{array}{c}\begin{array}{|l|}\hline \text { Income Tax Expense} \\\hline \text { Wages Expense } \\\hline \text {Operating and Administrative } \\\hline \text { Expense } \\\hline\end{array}\begin{array}{r|}\hline\$637,900\\\hline5,986,000\\\hline531,800\\\hline\\\hline\end{array}\begin{array}{r|}\hline \text {Sales Revenue}\\\hline \text {Depreciation Expense}\\\hline \text {Interest Expense}\\\hline \text {}\\\hline\end{array}\begin{array}{r|}\hline\$8,964,500\\\hline375,400\\\hline268,400\\\hline\\\hline\end{array}\end{array}

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