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Income Statement Question Partial Account List (assume all accounts have normal balances) Accounts Payable 85,000 Accumulated Depreciation 300,000 Advertising Expense 2,200,000 Bad Debt Expense 20,000
Income Statement Question
Partial Account List (assume all | |
accounts have normal balances) | |
Accounts Payable | 85,000 |
Accumulated Depreciation | 300,000 |
Advertising Expense | 2,200,000 |
Bad Debt Expense | 20,000 |
Cash | 600,000 |
Cost of Goods Sold | 1,400,000 |
Depreciation Expense | 275,000 |
Dividend Revenue | 40,000 |
Discontinued Operations Loss | 460,000 |
Gain on sale of PP&E | 700,000 |
Interest Expense | 75,000 |
Interest Revenue | 20,000 |
Inventory | 120,000 |
Loss on Sale of Land | 350,000 |
Coffee Expense | 100,000 |
Salaries Expense | 1,600,000 |
Sales | 8,700,000 |
Sales Discount | 100,000 |
Sales Returns & Allowances | 300,000 |
Tax Rate => 20% |
What is the second number of Income from Operations?
Second Number => ______, __?___ ______ ______, ______ ______ ______
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