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a - 1 . Prepare an income statement for the year ended December 3 1 , current year. a - 2 . Prepare a statement

a-1. Prepare an income statement for the year ended December 31, current year.
a-2. Prepare a statement of retained earnings for the year ended December 31, current year.
a-3. Prepare the companys balance sheet dated December 31, current year.
b. Does the company appear to be liquid?
c. Has the company been profitable in the past?
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