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Justin Herbert Corporation has the following multi-step income statement for the past two years. Fill in the missing blanks. Be sure to line up
Justin Herbert Corporation has the following multi-step income statement for the past two years. Fill in the missing blanks. Be sure to line up the letters that you are solving with the letters in the available blanks, Canvas measures letter order from top to bottom (not by column). Also be sure to use commas in your numbers Current Year Last Year Sales 750,000 Beginning Inventory 400,000 Purchases 650,000 485,000 Ending Inventory 340.000 400,000 Cost of Goods Sold 375,000 Gross Profit 255,000 Other Expenses 30,000 Net income 10.000 140.000
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