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Canton Corporation reported the following items in its adjusted trial balance for the year ended December 31, 2016. Canton is subject to a 30% tax

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Canton Corporation reported the following items in its adjusted trial balance for the year ended December 31, 2016. Canton is subject to a 30% tax rate. Required: Prepare the December 31, 2016, income statement for Canton Corporation, starting with income from continuing operations before income taxes

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