Current Attempt in Progress The following account balances are taken from Ballistik Ltd.'s adjusted trial balance at January 31, 2020: Debit Credit Sales revenue $5,327,000 Wages expense $173,000 Cost of goods sold 3,610,000 General and administrative expenses 65,000 Utilities expenses 105,000 Depreciation expense 96,000 Interest expense 32,000 49,000 Interest revenue Income tax expense 150,000 Advertising expense 126,000 197,000 Selling expenses Prepare a single-step statement of income for the year ended January 31, 2020. Ballistik Ltd. Statement of Income