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Income statement data: Advertising expense Cost of goods sold Dellvery expense S 150,000 3,700,000 30,000 30,000 100,000 140,500 21,000 30,000 .500 14,000 50,000 170,000 10,000

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Income statement data: Advertising expense Cost of goods sold Dellvery expense S 150,000 3,700,000 30,000 30,000 100,000 140,500 21,000 30,000 .500 14,000 50,000 170,000 10,000 5,313,000 185,000 385,000 21,000 Depreciation expense-office buildings and equipment Depreciation expense -store buildings and equipment Income tax expense interest expense Interest revenue Miscellaneous selling expense Office rent expense Office salaries expense Office supplies expense Sales salaries expense Store supplies expense earnings and balance sheet data: Accounts payable Accounts recelvable s 194300 545,000 1,580,000 4,126,000 8,450 Accumulated depreciation-office buildings and equipment depreciation--store buildings and equipment Allowance for doubtful accounts Bonds payable, 5%, due in 10years Cash Common stock, $20 par (400,000 shares authorized 282,850 100,000 shares issued, 94,600 outstanding) Cash dividends for common stock 155,120 Cash dividends for preferred stock 100,000 700,000 44,000 1,200 778000 4,320,000 13,000 886,800 150,000 Income tax payable Interest receivable Inventory (December 31, 20YS), at lower of cost (FIFO) or market Office buildings and equipment Paid-in capital from sale of treasury stock Excess of issue price over par-common stock Excess of issue price over par-preferred stock Preferred 5% stock S80 par (30,000 shares authorized 20,000 shares issued) Premium on bonds payable Prepaid expenses Retained earnings, January 1,20Y8 Store buildings and equipment Treasury stock (5,400 shares of common stock at cost of 1,600,000 19,000 27,400 8,197,220 12,560,000 $33 per share) 178,200 A. Prepare a multiple-step income statement for the year ended December 31, 20YS B. Prepare a retained earnings statement for the year ended December 31, 20Y8. C. Prepare a balance sheet in report form as of December 31, 20Y8

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