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ncome tax expense has not yet been recorded. The income tax rate is 25% of income before income taxes. Required: 1. Prepare a single-step income

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ncome tax expense has not yet been recorded. The income tax rate is 25% of income before income taxes. Required: 1. Prepare a single-step income statement for 2024 , 2. Prepare a multiple-step income statement for 2024. Complete this question by entering your answers in the tabs below. Prepare a single-step income statement for 2024. For the Year Ended December 31,2024

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