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Beasley, Inc., reports the following amounts in its December 31, 2021, income statement. Sales revenue Interest expense Salaries expense Utilities expense $370,000 Income tax expense
Beasley, Inc., reports the following amounts in its December 31, 2021, income statement. Sales revenue Interest expense Salaries expense Utilities expense $370,000 Income tax expense $ 37,000 12,000 Cost of goods sold 127,000 32,000 Advertising expense 22,000 42,000 Prepare a multiple-step income statement. BEASLEY INC., Multiple-Step Income Statement For the year ended December 31, 2021 Total operating expenses Income before income taxes
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