The following selected accounts from Highview Electronics Corporations general ledger are presented below for the year ended December 31, 2018:

Accounts receivable		$276,000
Accumulated depreciationequipment		771,000
Advertising expense		52,000
Common shares		246,000
Cost of goods sold		1,057,000
Depreciation expense		126,000
Dividends declared		142,000
Equipment		1,466,000
Freight out		27,000
Income tax expense		77,000
Insurance expense		25,000
Interest expense		59,000
Interest revenue		32,000
Inventory		95,000
Prepaid expenses		28,000
Rent revenue		21,000
Retained earnings		568,000
Salaries expense		663,000
Sales		2,393,000
Sales discounts		21,000
Sales returns and allowances		40,000
Unearned revenue		19,000

Prepare a single-step income statement. Highview Electronics Corporation Income Statement (Single-step) 4 Sales $ Less : $ $