The following is the Easton Company adjusted Trial Balance.


Easton Company


Adjusted Trial Balance


December 31, 2018



Account Title



Debit



Credit


Cash


$88,665


Accounts Receivable


232,400


Supplies


17,000


Equipment


395,000


Accumulated Depreciation


$224,260


Accounts Payable


72,555


Capital Stock


220,000


Retained Earnings


127,145


Service Revenue


881,105


Interest Income


5,500


Dividends


9,000


Rent Expense


59,500


Wages Expense


529,000


Supplies Expense


42,000


Utilities Expense


8,000


Depreciation Expense



150,000



________


Totals



$1,530,565



$1,530,565


Use this information to prepare the Single-Step Income Statement for the fiscal year. There are additional lines in the formatted income statement form to allow for authorized alternate presentations.