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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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