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Given the following information for Smashville, Inc., construct an income statement for the year: Cost of goods sold: Investment income: Net sales: Operating expense: Interest

Given the following information for Smashville, Inc., construct an income statement for the year:
Cost of goods sold:
Investment income:
Net sales:
Operating expense:
Interest expense:
Dividends:
Tax rate:
\table[[$164,000,],[$1,200,],[$318,000,],[$71,000,],[$,7,400],[$3,200,],[,35%
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