Prepare an income statement.

The following revenue and expense account balances were taken from the ledger of Acorn Health Services after the accounts had been adjusted on January 31, 20Y7, the end of the fiscal year: Depreciation Expense $10,000 Insurance Expense 9,000 Miscellaneous Expense 8,150 Rent Expense 60,000 Service Revenue 634,900 Supplies Expense 4,100 Utilities Expense 44,700 Wages Expense 548,200