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1. The selected accounts and balances for Cisco Markets as of December 31,2021 appear as follows: REQUIRED: Prepare a multi-step income statement to report the

1. The selected accounts and balances for Cisco Markets as of December 31,2021 appear as follows: REQUIRED: Prepare a multi-step income statement to report the GROSS MARGIN for the year ended December 31, 2021. [17 points]

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