Ross Airport Auto Service provides parking and minor repair service at the local airport while customers are away on business or pleasure trips. The following account balances (except for retained earnings) are available for Ross Airport Auto Service at December 31, 2009.

Accounts payable ................$ 16,700

Accounts receivable ............... 39,200

Accumulated depreciation, equipment ........ 38,800

Cash ...................... 6,700

Common stock (20,000 shares) .......... 100,000

Depreciation expense, equipment ......... 14,300

Dividends ................... 6,300

Equipment ................... 269,500

Income tax expense ................ 2,700

Income tax payable ................. 1,100

Interest expense ................ 18,300

Interest payable ................ 1,800

Interest revenue, long-term investments ........ 4,100

Inventory, repair parts ............... 4,900

Long-term investments in debt securities ....... 35,000

Notes payable (due May 2, 2016) ......... 160,000

Prepaid rent (3 months) ............. 27,300

Rent expense ................. 103,500

Retained earnings, 12/31/2009 ........... 51,700

Service revenue, parking .............. 224,600

Service revenue, repair .............. 208,100

Supplies expense, repair parts ............ 36,900

Wages expense ................. 246,100

Wages payable .................. 12,500

Required:

Prepare a single-step income statement and a classified balance sheet for Ross Airport Auto Service for the year ended December 31, 2009.