Total revenues Expenses Single-Step Income Statement Summary operating data for Custom Wire & Tubing Company during the year ended April 30, 2012, are as follows: bost of goods sold. $6,100,000, aistrative expenses, $740,000; interest expense $25,000; rent rev $9,332,500; and selling expenses, $1,250,000. Prepare a single-step income statement. Custom Wire & Tubing Company Income Statement For the Year Ended April 30, 2012 Revenues: Total expenses 00