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Construct a complete, properly formatted income statement for the year ended December 31, 2020, for Brown Boys Big Toys Co., an LLC, using the following

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Construct a complete, properly formatted income statement for the year ended December 31, 2020, for Brown Boys Big Toys Co., an LLC, using the following information. Please attach your answer response as an an Excel file. Utilities expense $18,000 Equipment rental expense $50,800 Interest expense $4,200 Management salaries expense $180,000 Gross Sales $1,565,00 Sales and marketing expense $28,000 Payroll tax expense $12,800 Cost of goods sold $469,500 Rent expense $24,000 Depreciation expense $4,500

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