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{:[ Cost of goods sold ,$245,000, Rent expense ,$36,000],[ Freight-out ,7,000, Sales discounts ,8,000],[ Insurance expense ,5,000, Sales returns and allowances ,11,000],[ Salaries and wages

{:[" Cost of goods sold ",$245","000," Rent expense ",$36","000],[" Freight-out ",7","000," Sales discounts ",8","000],[" Insurance expense ",5","000," Sales returns and allowances ",11","000],[" Salaries and wages expense ",63","000," Sales revenue ",410","000]:} Prepare a multiple-step income statement. ANNIE COMPANY Inrnme Statement Searchimage text in transcribed

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