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please explain and show the solution Ex 6. Construct an income statement using the following information: net sales, ( $ 500,000 ); salaries, ( $

please explain and show the solution Ex 6. Construct an income statement using the following information: net sales, \( \$ 500,000 \); salaries, \( \$ 100,000 \); rent, \( \$ 24,000 \); COGS, \( \$ 250,000 \); utilities, \( \$ 25,000 \); 2 answers

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