Maintenance expense $ 95,000
Property tax expense (on dock facilities) 10,000
Salaries expense 142,000
Advertising expense 3,500
Ticket revenue 325,000
Summers Cruise
income statement for 2008
less costs and operating expenses:
Income before taxes $74,500
Copyright © 2024 EBIN.TIPS - All rights reserved.
Answers & Comments
Verified answer
Summers Cruise
income statement for 2008
Ticket revenue 325,000
less costs and operating expenses:
Maintenance expense $ 95,000
Property tax expense (on dock facilities) 10,000
Salaries expense 142,000
Advertising expense 3,500
Income before taxes $74,500