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In its income statement for the year ended December 31, 2019, Cullumber Company reported the following condensed data. Operating expenses $ 725,000 Interest revenue $
In its income statement for the year ended December 31, 2019, Cullumber Company reported the following condensed data.
Operating expenses | $ 725,000 | Interest revenue | $ 28,100 | |||
---|---|---|---|---|---|---|
Cost of goods sold | 1,290,000 | Loss on disposal of plant assets | 15,100 | |||
Interest expense | 70,100 | Net sales | 2,403,000 | |||
Other comprehensive income | 6,510 |
Prepare a multiple-step income statement.
Prepare a single-step income statement.
Prepare a comprehensive income statement.
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