Income statement as follow:
Income Statement
for the year ended 12/31/2008
Ticket revenue 340,000
Less:Salaries expense 140,500
Maintenance expense 96,000
roperty tax expense 14,000
Advertising expense 3,600
Total Expenses 254,100
Net Income 85,900
Income statement as follow:
Income Statement
for the year ended 12/31/2008
Ticket revenue 340,000
Less:Salaries expense 140,500
Maintenance expense 96,000
roperty tax expense 14,000
Advertising expense 3,600
Total Expenses 254,100
Net Income 85,900