Question
NICOLE'S GETAWAY SPA (Forecasted) Income Statement For the Year Ended Year 3 Straight Line Units-of- Production Double-Declining Balance 0 0 0 Operating Expenses: Total Operating
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The following amounts were forecast for year 3: Sales Revenues $58,000; Cost of Goods Sold $45,000; Other Operating Expenses $4,400; and Interest Expense $900. Create an income statement for year 3 for each of the different depreciation methods, ending at Income before Income Tax Expense. (Don't forget to include a loss or gain on disposal for each method.). (Do not round intermediate calculations. Round your answers to the nearest dollar amount.) |
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