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Instructions: Correct and complete the following income statement ABC Company Income Statement Expenses Accumulated Depreciation Utilities Expense Salaries Expense Total Expenses 20,000 10,000 5,000 Sales

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Instructions: Correct and complete the following income statement ABC Company Income Statement Expenses Accumulated Depreciation Utilities Expense Salaries Expense Total Expenses 20,000 10,000 5,000 Sales Revenue 200,000 Gross Profit

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