help with part b

The following selected accounts from lvarhoe Corporationis seneral ledger ars prevented belowifor the year eofed Dece mber al. 2024: (a) Your answer is partisily correct. Your answer is correct. Prepare a single-step statement of income. IVANHOE CORPORATION Statement of Income (Single-Step) Year Ended December 31, 2024 ; Reveriues Sales $ 2796660 Rent Income Interest income TotalRevenues s 2854980 Expenses Cost of Coods Sold $ 1265760 25720 Advertising Expense Depreciation Expermie 59400 32400 5 Total Expenses