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Drill Problem 16-4 [LU 16-2 (1)] Prepare an income statement for Munroe Sauce for the year ended December 31, 2015. Beginning inventory was $1,262. Ending

Drill Problem 16-4 [LU 16-2 (1)]

Prepare an income statement for Munroe Sauce for the year ended December 31, 2015. Beginning inventory was $1,262. Ending inventory was $1,614

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