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c. Cascade is a corporation. It issued 5,000 shares of $5 par common stock for $60,000 cash to start the business. Complete this question by

image text in transcribed c. Cascade is a corporation. It issued 5,000 shares of $5 par common stock for $60,000 cash to start the business. Complete this question by entering your answers in the tabs below. Prepare a income statement for Year 1

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