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In its income statement for the year ended December 31, 2022, Monty Corp. reported the following condensed data. Operating expenses $ 720,000 Interest revenue $
In its income statement for the year ended December 31, 2022, Monty Corp. reported the following condensed data.
Operating expenses | $ 720,000 | Interest revenue | $ 33,000 | |||
---|---|---|---|---|---|---|
Cost of goods sold | 1,256,000 | Loss on disposal of plant assets | 16,000 | |||
Interest expense | 69,000 | Net sales | 2,199,000 | |||
Income tax expense | 45,000 | Other comprehensive income (net of $1,200 tax |
Prepare a multiple-step income statement. Monty Corp. Income Statement $ $ > $ > $ Prepare a comprehensive income statement. Monty Corp. Comprehensive Income Statement $
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