Exercise $4-5($Algo$)$ Income statement presentation $[$LO$4-1]$

The following single$-$step income statement was prepared by the accountant of the Axel Corporation:

$\backslash$table$[[\backslash$table$[[$AXEL CORPORATION$],[$Income Statement$],[$For the Year Ended December $3]],31,2024,],[$Revenues and gains:,,$],[$Sales revenue,,$$630,000$