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In its income statement for the year ended december 31 2022 Novak company reported the following condensed data. Operating expenses 731,780 Cost of goods sold

In its income statement for the year ended december 31 2022 Novak company reported the following condensed data. Operating expenses 731,780 Cost of goods sold 1303500 Interest expense 74730 Interest revenue 30980 Loss on disposal of plant assests 18110 Net sales 2413600 PREPARE A SINGLE STEP INCOME STATEMENT

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