Creating an Income Statement

Hi,

I’m entirely new to business, and I’m trying to look at the finances for a potential business idea.
I’m currently trying to produce an income statement. As I understand it, the income statement adds up all the revenue from sales and other sources , subtracts my costs and comes up with a net income figure.
I am producing this for year 1, year 2 etc..
My question: there are some set up costs that will only apply to the first year – such as buying some start up equipment for example. Do those costs go in the income statement or do these one-off costs go in a different document? In other words, Is the income statement only for regular ins and outs?

Please help.

I didn’t find the right solution from the Internet.

References:-
https://bit.ly/2EmeLFp
Promotional video production agency

Thanks