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Exercise 8-8 Budgeted income Statement [LO9] Seattle Cat is the wholesale distributor of a small recreational catamaran sailboat. Management has prepared the following summary data

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Exercise 8-8 Budgeted income Statement [LO9] Seattle Cat 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: Prepare the company?s budgeted income statement using an absorption income statement format shown below

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