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Cloud Photographic Supplies, Inc.'s accounting records include the following for 2018: (Click the icon to view the data.) Prepare Cloud's multi-step income statement for the
Cloud Photographic Supplies, Inc.'s accounting records include the following for 2018: (Click the icon to view the data.) Prepare Cloud's multi-step income statement for the year ending December 31, 2018. Omit earnings per share. (Use parentheses or a minus sign for amounts decreasing the income from continuing operations.) Cloud Photographic Supplies, Inc. Income Statement Data Table Year Ended December 31, 2 018 Net Sales 515000 6,000 Net Sales 235000 Cost of Goods Sold Gross Profit Income Tax Saving-Loss on Discontinued Operations Loss on Discontinued Operations 515,000 170,000 Operating Expenses (Including Income Tax) 15,000 170000 Operating Expenses (Including Income Tax) Income From Continuing Operations Cost of Goods Sold 235,000 Print Done Net Income
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