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EXERCISE 8-8 Budgeted Income Statement LO8-9 Gig Harbor Boating is the wholesale distributor of a small recreational catamaran sailboat. Management has prepared the following summary

image text in transcribed EXERCISE 8-8 Budgeted Income Statement LO8-9 Gig Harbor Boating is the wholesale distributor of a small recreational catamaran sailboat. Management has prepared the following summary data to use in its annual budgeting process: Required: Using Schedule 9 as your guide, prepare the company's budgeted income statement for the year

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