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In its income statement for the year ended December 31, 2022, Sarasota Company reported the following condensed data. Operating expenses Cost of goods sold Interest
In its income statement for the year ended December 31, 2022, Sarasota Company reported the following condensed data. 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 preceding the number eg. -45 or parentheses e.g. (45).) SARASOTA COMPANY Income Statement 4 $
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