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Check my work 2 Shaquille Corporation has operating income of $1.55 million, a loss on write-down of inventory of $185,000, and income tax expense of
Check my work 2 Shaquille Corporation has operating income of $1.55 million, a loss on write-down of inventory of $185,000, and income tax expense of $387,500 for the year ended December 31, 2021, before considering the following item: a $260,000 gain, after tax, from the disposal of an operating segment. Points 5 points Skipped Required: Prepare the 2021 multiple step income statement for Shaquille Corporation beginning with operating income. (Enter your answer in dollars, not millions. (i.e., $5.5 million should be entered as 5,500,000).) eBook SHAQUILLE CORPORATION Income Statement 101 For the Year Ended December 31, 2021 Hint References Discontinued operation
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