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(Click on the following icon in order to copy its contents into a spreadsheet.) Income Statement Accounts for the Year Ending 2017 Account Balance Cost
(Click on the following icon in order to copy its contents into a spreadsheet.) Income Statement Accounts for the Year Ending 2017 Account Balance Cost of goods sold $341,000 Interest expense $82,000 Taxes $56,800 Revenue $744,000 Selling, general, and administrative expenses $62,000 Depreciation $117,000 a. produce the income statement for the year. Complete the income statement below. (Round to the nearest dollar.) Income Statement Year Ending December 31, 2017 $ $ $ EBIT $ $ Taxable income $ $ Net income b. produce the operating cash flow for the year. The operating cash flow for the year is $ (Round to the nearest dollar) Choose from any list or enter any number in the input fields and then continue to the n
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