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#14 Income statement. From the following income statement accounts in the popup window, Data table (Click on the following icon in order to copy its
#14 Income statement. From the following income statement accounts in the popup window, Data table (Click on the following icon in order to copy its contents into a spreadsheet.) Income Statement Accounts for the Year Ending 2017 Account Balance Cost of goods sold $342,000 Interest expense $78,000 Taxes $54,800 Revenue $743,000 Selling, general, and administrative expenses $68,000 Depreciation $118,000 a. produce the income statement for the year. b. produce the operating cash flow for the year. Question content area bottom Part 1 a. produce the income statement for the year. Complete the income statement below. (Round to the nearest dollar.) Income Statement Year Ending December 31, 2017 $ $ $ EBIT $ $ $ $ $ $ Taxable income Net income Part 2 b. produce the operating cash flow for the year. The operating cash flow for the year is $ enter your response here (Round to the nearest dollar.)
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