Prepare a single-step income statement from the following data for Burt Co., taken from the ledger after adjustments on December 31, the end of the fiscal year. 
Definitions:
Hardship Cases
Situations or individuals experiencing severe hardship or difficulties, often considered for special assistance or exemption from certain requirements.
Underinsured
A term describing individuals who have insurance coverage but the coverage is inadequate to cover medical expenses or healthcare needs.
Elderly
A term referring to individuals who are significantly beyond the average age of retirement, typically indicating those who are aged 65 years and older.
Fair Credit Reporting Act
A U.S. federal law established to ensure the accuracy, fairness, and privacy of consumer information contained in the files of consumer reporting agencies.
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