Prepare an income statement for Manicured lawns for the year ended December 31 2012.
Ins. Payment $4000
Service revenue 107,000
Supply expense $1200
Rent expense $11,000
Salary expenses $41,000
Accounts payable $8800
Supplies $2400
Toby drawing $300
Prepare the income statement of Manicured lawns for the year ended December 21, 2012. Use minus signs for net loses.