The following revenue and expense account balances were taken from the ledger of Infinet Services Co. after the accounts had been adjusted on January 31, 2010, the end of the current fiscal year:

Depreciation Expense        $12,200   Service Revenue          $233,900

Insurance Expense                  6,000   Supplies Expense              2,875

Miscellaneous Expense          4,750   Utilities Expense              18,750

Rent Expense                         49,300    Wages Expense             184,300

Prepare an income statement.