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Brief Exercise 14-9 Your answer is partially correct. Try again. The following information is available for Reinsch Corporation for the year ended December 31, 2017:

Brief Exercise 14-9 Your answer is partially correct. Try again. The following information is available for Reinsch Corporation for the year ended December 31, 2017: cost of goods sold $222,000, sales revenue $447,000, other revenues and gains $47,500, and operating expenses $79,000. Assuming a corporate tax rate of 25%, prepare an income statement for the company. REINSCH CORPORATION Income Statement $ $

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