Selected financial information for Offshore Co. for the year ended December 31, 2013, follows….
Selected financial information for Offshore Co. for the year ended December 31, 2013, follows. Revenues . . . . . . . $68,000 Expenses . . . . . . . . $40,000 Net income . . . . . . . $28,000 Required Prepare the 2013 income statement for Offshore Company.
