Question
B E F H A Present a properly formatted multiple step income statement and separately a statement of comprehensive income using the information that follows
B E F H A Present a properly formatted multiple step income statement and separately a statement of comprehensive income using the information that follows and within the space provided. 3 Every number below is pre-tax (not taxed). The tax rate is 25%. 4 Revenue 2,000,000 6 Unrealized gain from available for sale securities 7 Cost of goods Sold 50,000 1,200,000 You can abbreviate available for sale as "AFS" 8 Salaries expenses 400,000 9 Depreciation expense 25,000 10 Nonrecuming expenses 42,000 11 Loss from discontinued operation 100,000 12 13 I. Present your multiple step income statement here: II. Present your statement of comprehensive income here 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 M N
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