EX 4-7 Income statement
FedEx Corporation had the following revenue and expense account balances (in millions) at its fiscal year-end of May 31, 2009:
| Depreciation | $1,975 | Purchased Transportation | $ 4,534 |
| Fuel | 3,811 | Rentals and Landing Fees | 2,429 |
| Maintenance and Repairs | 1,898 | Revenues | 35,497 |
| Other Expense (Income) Net | 6,406 | Salaries and Employee Benefi ts | 13,767 |
| Provision for Income Taxes | 579 |
a. Prepare an income statement.
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