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Prepare a single-step statement of income. Revenues $ $ $ The following selected accounts from Pharoah Corporation's general ledger are presented below for the year

image text in transcribedimage text in transcribedimage text in transcribedimage text in transcribedimage text in transcribed Prepare a single-step statement of income. Revenues \$ $ $ The following selected accounts from Pharoah Corporation's general ledger are presented below for the year ended December 31, 2024: FreightoutIncometaxexpenseInsuranceexpenseInterestexpenseInterestincomeInventoryPrepaidexpensesRefundliabilityRentincomeRetainedearningsSalariesexpense22,50063,00020,70055,80027,00087,30027,90017,10021,600481,500634,500

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