Parker Renovation Inc. renovates historical buildings for commercial use. During 2009, Parker had $762,000 of revenue from renovation services and $5,000 of interest revenue from miscellaneous investments. Parker incurred $227,000 of wages expense, $135,000 of depreciation expense, $75,000 of insurance expense, $114,000 of utilities expense, $31,000 of miscellaneous expense, and $57,000 of income tax expense.

Required:

Prepare a single-step income statement for Parker Renovation Inc. for 2009.