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In its income statement for the year ended December 31, 2022, Sheffield Corp. reported the following condensed data. Current Attempt in Progress In its income

In its income statement for the year ended December 31, 2022, Sheffield Corp. reported the following condensed data.

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Current Attempt in Progress In its income statement for the year ended December 31, 2022, Sheffield Corp. reported the following condensed data. Salaries and wages expenses $S11.500 $91,850 Cost of goods sold 1085,700 Loss on disposal of plant assets Sales revenue Income tax expense 2,431,000 Interest Expense 78.100 27,500 Interest revenue 71.500 Sales discounts Depreciation expense 176,000 121.000 341,000 Utilities expense (a) Prepare a multiple-step income statement. (List other revenues before other expenses) Sheffield Corp. Income Statement -/3 TIE

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