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In its income statement for the year ended December 31, 2022, Sarasota Company reported the following condensed data. 4 Operating expenses Cost of goods sold
In its income statement for the year ended December 31, 2022, Sarasota Company reported the following condensed data. 4 Operating expenses Cost of goods sold Interest expense $738,910 1,325,800 72,880 Interest revenue Loss on disposal of plant assets Net sales $31,150 19,020 2,413,400 Prepare a multiple-step income statement. (List other revenues before other expenses. Enter negative amounts using either a negative sign prec the number e.g.-45 or parentheses e.g. (45).) SARASOTA COMPANY Income Statement
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