Prepare an income statement for the month of March:
On March 1, 2013, Amy Dart began Dart Delivery Service, which provides delivery of bulk mailings to the post office, neighborhood delivery of weekly newspapers, data delivery to computer service centers, and various other delivery services using leased vans. On February 28, Dary invested $15,000 of her own funds in the firm and borrowed $6,000 from her father on a six month, non interest bearing note payable. The following information is available at March 31:
Accounts Receivable 9,700 delivery fees earned 19,300
Rent expense 1,500 cash 12,900
Advertising expense 900 supplies 6,500
supplies expense 2,700 notes payable 6,000
accounts payable 1,200 insurance expense 800
salaries expense 6,300 common stock 15,000
miscellaneous expense 200 retained earnings ?