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Budgeted income statement 8. FEATHERED FRIENDS INC. Budgeted Income Statement For the Month Ending December 31, 2016 Revenue from sales Cost of goods sold Gross

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8. FEATHERED FRIENDS INC. Budgeted Income Statement For the Month Ending December 31, 2016 Revenue from sales Cost of goods sold Gross profit Operating expenses: Selling expenses Administrative expenses Total operating expenses Income from operations Other income Interest revenue Other expense Interest expense Income before income tax Income tax expense Net income

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