E4-20

Chapter 4 recorring to read Opensions E4-20 Multiple-step income statement Identify the errors in the fooning inom Satement and prepare a med income catement CARLSBAD COMPANY come Statement For the Year Ended Peruary 28 2093 2650.000 1930.000 $ 300.000 500.000 50.000 Cost of goods sold Operating income Expenses Seng expenses Administrative expenses. Delivery expense Total expenses Other expense Interest revenue Gross proft (1.450.000 S 250.000 $ 120.000