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Marcia has sales of $79,600. The cost of goods sold is $48,200 and the other costs are $18,700. Depreciation is $8,300, interest expense is $1,000
Marcia has sales of $79,600. The cost of goods sold is $48,200 and the other costs are $18,700. Depreciation is $8,300, interest expense is $1,000 and the tax rate is 35 percent. Prepare an income statement, in the proper format, dated August 31, 2022.
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