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Given the following information, prepare an income statement for the Dental Drilling Company. Selling and administrative expense $ 88,000 Depreciation expense 77,000 Sales 538,000 Interest
Given the following information, prepare an income statement for the Dental Drilling Company.
Selling and administrative expense | $ | 88,000 |
Depreciation expense | 77,000 | |
Sales | 538,000 | |
Interest expense | 44,000 | |
Cost of goods sold | 234,000 | |
Taxes | 54,000 |
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