If someone wants to create kernel and initramfs in one file, here is solution.
1. You have to unpack tinycore.gz (for example) to /tmp/a directory
zcat /tmp/tinycore.gz | sudo cpio -i -H newc -d
2. Go to directory
cd /tmp/a
3. Create uncompressed cpio file.
find | sudo cpio -o -H newc > ../tinycore.cpio
4. Add directory to your cpio file in .config
CONFIG_INITRAMFS_SOURCE="/tmp/tinycore.cpio"
5. Simply, compile kernel using make bzImage command.