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Presented below is financial information related to the

Presented below is financial information related to the 2010 operations of Summers Cruise Company.

Maintenance expense............ $ 95,000
Property tax expense (on dock facilities)... 10,000
Salaries expense.............. 142,000
Advertising expense........... 3,500
Ticket revenue............. 325,000

Instructions

Prepare the 2010 income statement for Summers Cruise Company.

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