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( 3 0 points ) Northeast Homecare, a not - for - profit business, had revenues of $ 1 2 million in 2 0 2

(30 points) Northeast Homecare, a not-for-profit business, had revenues of $12 million
in 2022. Expenses other than depreciation totaled 75 percent of revenues, and
depreciation expense was $1.5 million. All revenues were collected in cash during the
year, and all expenses other than depreciation were paid in cash. Construct Northeast's
2022 income statement using Excel.
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