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Kimmel, Accounting, 6e Exercise 5-8 In its income statement for the year ended December 31, 2017, Darren Company reported the following condensed data Salaries and

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Kimmel, Accounting, 6e Exercise 5-8 In its income statement for the year ended December 31, 2017, Darren Company reported the following condensed data Salaries and wages expenses Cost of goods sold Interest expense Interest revenue Depreciation expense $83,500 2,210,000 25,000 160,000 110,000 $465,000 Loss on disposal of plant assets 987,000 Sales revenue 71,000 65,000 310,000 Income tax expense Sales discounts Utilities expense Prepare a multiple-step income statement. (List other revenues before other expenses.) DARREN COMPANY F2 F3 FS F6 F7 FB 3

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