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In its income statement for the year ended December 31, 2022, Sunland Company reported the following condensed data. Salaries and wages expenses $474,300 Loss on
In its income statement for the year ended December 31, 2022, Sunland Company reported the following condensed data. Salaries and wages expenses $474,300 Loss on disposal of plant assets $85.170 Cost of goods sold 1,006,740 Sales revenue 2.254.200 Interest expense 72,420 Income tax expense 25,500 Interest revenue 66,300 Sales discounts 163,200 Depreciation expense 316,200 Utilities expense 112 200 (a) Prepare a multiple-step income statement. (List other revenues before other expenses.) Sunland Company Income Statement $ s e Textbook and Media List of Accounts
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