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Exercise 6-2A Prepare a multiple-step income statement (LO6-2) Wayman Corporation reports the following amounts in its December 31, 2021, income statement. Sales revenue Interest expense
Exercise 6-2A Prepare a multiple-step income statement (LO6-2) Wayman Corporation reports the following amounts in its December 31, 2021, income statement. Sales revenue Interest expense Salaries expense Utilities expense $376,000 18,000 38,000 48,000 Income tax expense Cost of goods sold Advertising expense $ 48,000 128,000 28,000 Required: Prepare a multiple-step income statement. WAYMAN CORPORATION Multiple-step Income Statement For the year ended December 31, 2021 Required: Prepare a multiple-step income statement. WAYMAN CORPORATION Multiple-step Income Statement For the year ended December 31, 2021 Total operating expenses Operating income
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