Prepare a single-step income statement.

I'm sorry, but you didn't provide a specific question or text to prepare a single-step income statement. Here's a general step-by-step guide on how to prepare a single-step income statement:

1. Title the Statement: At the top of the page, write the name of the company, the title "Income Statement", and the time period the statement covers.

2. List All Revenues: Include all sources of revenue for the company. This could include sales, interest income, rental income, etc. Total these at the bottom of the list.

3. List All Expenses: Include all expenses for the company. This could include cost of goods sold, salaries and wages, rent, utilities, depreciation, interest expense, etc. Total these at the bottom of the list.

4. Calculate Net Income: Subtract the total expenses from the total revenues. This is your net income.

Remember, a single-step income statement simplifies the income calculation process by combining all revenues and all expenses, without breaking them down into operating and non-operating categories.