TNT Cleaning Service, owned by sole proprietor Kathy Terwilliger, has been operating for 20 years. The following financial items were determined for the fiscal year ended December 31, 2009:

Cleaning Service Revenue (cash received in 2009) .................................... $150,000

Cleaning Service Revenue (services provided in 2009 with cash

to be received in 2010) ....................................................................... 16,000

Wages expense (2009 expense paid in 2009) .............................................. 97,000

Wages expense (2009 expense to be paid in 2010) ........................................ 5,775

Fuel expense ....................................................................................... 525

Advertising expense ........................................................................... 9,025

Supplies expense .............................................................................. 18,500

Required:

Prepare an income statement for TNT Cleaning Service for 2009.