FedEx Corporation had the following revenue and expense account balances (in millions) at its fiscal year-end of May 31, 2007:
a. Prepare an income statement.
b. Compare your income statement with the related income statement that is available at the FedEx Corporation Web site, which is linked to the textâ€™s Web site at academic.cengage.com/accounting/warren. What similarities and differences do yousee?