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Income Statement Question: Requirements: Prepare an income statement using the following information: Sales Revenue: $70,000 Cost of Goods Sold: $25,000 Operating Expenses: $15,000

  1. Income Statement Question:
  • Requirements: Prepare an income statement using the following information:
    • Sales Revenue: $70,000
    • Cost of Goods Sold: $25,000
    • Operating Expenses: $15,000

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