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Please solve step by step The following selected accounts from Kal Corporation's general ledger are presented below for the year ended December 31, 2021: Accounts

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The following selected accounts from Kal Corporation's general ledger are presented below for the year ended December 31, 2021: Accounts payable Accounts receivable Accumulated depreciation-equipment Cash Common shares Cost of goods sold Depreciation expense $98,000 148.000 573,000 12,000 300.000 1,925,000 278,000 Equipment Income tax expense Insurance expense Inventory Prepaid expenses Retained earnings Salaries expense Sales $1,664,000 132,000 128,000 374,000 45,000 676,000 921,000 3,980,000 Prepare a multiple-step statement of income. KAI CORPORATION Statement of Income (Multiple-step) > $ $

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