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Current Attempt in Progress In its income statement for the year ended December 31,2025, Blossom Inc. reported the following condensed data. Operating expenses $722,000 Interest
Current Attempt in Progress In its income statement for the year ended December 31,2025, Blossom Inc. reported the following condensed data. Operating expenses $722,000 Interest revenue $35,000 Cost of goods sold 1,257,000 Loss on disposal of plant assets 18,000 Interest expense 72,000 Sales revenue 2,360,000 Income tax expense 46,000 Sales discounts 155,000 Prepare a multiple-step income statement. (List Other revenue and gains before Other expenses and losses.)
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