Presented below is financial information related to the 2015 operations of Louisa Cruise…

Presented below is financial information related to the 2015 operations of Louisa Cruise Company.Maintenance and repairs expense ……. $ 92,000Utilities expense …………… 10,000Salaries and wages expense ……… 142,000Advertising expense ………… 3,500Ticket revenue …………… 328,000InstructionsPrepare the 2015 income statement for Louisa Cruise Company.View Solution:
Presented below is financial information related to the 2015 operations

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