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In its income statement for the year ended December 31, 2022, Cullumber Company reported the following condensed data. Salaries and wages expenses $381,300 Loss
In its income statement for the year ended December 31, 2022, Cullumber Company reported the following condensed data. Salaries and wages expenses $381,300 Loss on disposal of plant assets $66,800 Cost of goods sold 789,600 Sales revenue 1,768,000 Interest expense 56,800 Income tax expense 20,000 Interest revenue 52,000 Sales discounts 128,000 Depreciation expense 248,000 Utilities expense 88,000 (a) Your answer is partially correct. Prepare a multiple-step income statement. (List other revenues before other expenses.) Cullumber Company Income Statement For the Year Ended December 31, 2022
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