The following revenue and expense account balances were taken from the ledger of Wholistic Health Services Co. after the accounts had been adjusted on February 28, 2019, the end of the fiscal year:

Depreciation Expense .............. $ 7,500

Insurance Expense ................... 3,000

Miscellaneous Expense ............ 8,150

Rent Expense ......................... 54,000

Service Revenue .....................$448,400

Supplies Expense .................... 2,750

Utilities Expense .................... 33,900

Wages Expense ..................... 360,000

Prepare an income statement.