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Brief Exercise 14-9 The following information is available for Reinsch Corporation for the year ended December 31, 2017: cost of goods sold $210,000, sales revenue

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Brief Exercise 14-9 The following information is available for Reinsch Corporation for the year ended December 31, 2017: cost of goods sold $210,000, sales revenue $465,000, other revenues and gains $46,000, and operating expenses $78,000. Assuming a corporate tax rate of 35%, prepare an income statement for the company. REINSCH CORPORATION Statement

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