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Please show all work and write out equation Prepare an income statement from the following data ($000): Cost of goods sold 450 Interest expense 30
Please show all work and write out equation
Prepare an income statement from the following data ($000):
Cost of goods sold 450
Interest expense 30
Depreciation expense 120
Net sales 990
Interest income 80
Income tax expense 70
Advertising expense 100
General and administrative expenses 150
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