Single-Step Income Statement Summary operating data for Custom Wire & Tubing Company during the year ended April 30, 20Y2, are as follows: cost of goods sold, $6,100,000; administrative expenses, $2 interest expense, $25,000; rent revenue, $60,000; sales, $9,332,500; and selling expenses, $1,250,000. Prepare a single-step income statement. Custom Wire & Tubing Company Income Statement For the Year Ended April 30, 20Y2 Revenues: Total revenues Expenses: Total expenses 000

Summary pperating data for Custom Wue \& Tubing Company during the year ended Aprif 30,20%2, are as followst cost of gcods sold, $6,100,000; administrative expenses, $ interest expense, $25,000; rent revenue, $60,000; sales, $9,332,500; and selling expenses, $1,250,000. Prepare a single-step income statement