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In its income statement for the year ended December 31, 2014, Gavin Company reported the following condensed data. Salaries and wages expenses $902,100 Loss on

In its income statement for the year ended December 31, 2014, Gavin Company reported the following condensed data.

Salaries and wages expenses $902,100 Loss on disposal of plant assets $ 161,990
Cost of goods sold 1,914,780 Sales revenue 4,287,400
Interest expense 137,740 Income tax expense 48,500
Interest revenue 126,100 Sales discounts 310,400
Depreciation expenses 601,400 Utilities expense

213,400image text in transcribed
In its income statement for the year ended December 31, 2014, Gavin Company reported the following condensed data. Salaries and wages expenses$902,100Loss on disposal of plant assets$ 161,990 Cost of goods sold1,914,780Sales revenue4,287,400 Interest expense137,740Income tax expense48,500 Interest revenue126,100Sales discounts310,400 Depreciation expenses601,400Utilities expense213,400 Prepare a multiple-step income statement

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