An inexperienced accountant for Prestwick Company prepared the following income statement for the month of August, current year. \table[[PRESTWICK COMPANY AUGUST 31, CURRENT YEAR],[Revenues:,,],[Services provided to customers,$17,000,],[Investment by stockholders,5,000,],[Loan from bank,15,000,$ 37,000],[Expenses:,,],[Payments to long-term creditors,$11,700,],[Expenses required to provide services to customers,7,800,],[Purchase of land,16,000,35,500],[Net income,,$ 1,500]] Prepare a revised income statement in accordance with generally accepted accounting principles. \table[[PRESTWICK COMPANY],[Income Statement],[For the Month Ended August 31, Current Year,],[,],[,],[,]]