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Please help with a and b The following information is available from the accounting records of Manahan Co. for the year ended December 31, 2019:
Please help with a and b
The following information is available from the accounting records of Manahan Co. for the year ended December 31, 2019: Net cash provided by financing activities Dividends paid Loss from discontinued operations, net of tax savings of $47,033 Income tax expense Other selling expenses Net sales Advertising expense Accounts receivable Cost of goods sold General and administrative expenses $ 109,000 19,400 141,100 26,380 13,300 649,700 47,900 59,400 370, 329 142,800 Required: a. Calculate the operating income for Manahan Co. for the year ended December 31, 2019. MANAHAN CO. Operating Income Statement For the year ended December 31, 2019 Expenses: b. Calculate the company's net income for 2019Step by Step Solution
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