The account balances of SMK's Architectural Firm as of March 31, 2013 follow.
| Equipment | 43,170 | Advertising expense | 3,030 | |
| Rent expense | 3,800 | Accounts payable | 5,700 | |
| Office supplies | 2,620 | Accounts receivable | 18,315 | |
| Common stock | 45,000 | Retained earnings | 28,785 | |
| Cash | 35,435 | Salaries expense | 13,460 | |
| Notes payable | 50,225 | Service revenue | 23,020 | |
| Utilities expense | 1,300 | Furniture | 21,400 | |
| Investments | 16,500 | Interest revenue | 6,300 |
Prepare an Income Statement for SMK's Architectural Firm for the month ending March, 31, 2013.
| Description | Amount | Total |
|---|---|---|
| Subcategory,Revenue: | ||
| Single line | Single line | |
| Subcategory,Expenses: | ||
| Single line | ||
| Single line | Single line | |
| Net Income | Single lineDouble line | |