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Prepare an Income Statement for Pet Sitters,Inc

Question 107

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Prepare an income statement for Pet Sitters,Inc.,using the following data for the year ending December 31,2007.Show proper order of accounts and operating income and net income.
 Income Tax Expense $637,900 Sales Revenue $8,964,500 Wages Expense 5,986,000 Amortization Expense 375,400 Operating and Administrative 531,800 Interest Expense 268,400 Expense \begin{array}{l}\begin{array} { l r l r } \text { Income Tax Expense } & \$ 637,900 & \text { Sales Revenue } & \$ 8,964,500 \\\text { Wages Expense } & 5,986,000 & \text { Amortization Expense } & 375,400 \\\text { Operating and Administrative } & 531,800 & \text { Interest Expense } & 268,400\end{array}\\\text { Expense }\end{array}

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