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Multi-step Income Statement From the following accounts, listed in alphabetical order, prepare a multi-step income statement for Carl Distributors for the year ended December 31.

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Multi-step Income Statement From the following accounts, listed in alphabetical order, prepare a multi-step income statement for Carl Distributors for the year ended December 31. All accounts have normal balances. Seling. General and Administrative Expense 3225,000 Cost of Goods Sold 315.000 Interest Expense Sales Revenue Income Tax Expense 10.000 Note: Do not use negative signs with any of your answers. CARL DISTRIBUTORS Income Statement For the Year End December 31 Gross Profit on Sales Operating Expenses Income from Operations Other income and Expense Income before Income Taxes Check

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