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Required informotion Use the following information for the Exercies below. (Algo) The following information applies to the questions displaved befow] In the current year, Randa Merchandising Incorporated sold its interest in a chain of wholesale outlets, taking the company completely out of the wholesaling business. The company still operates its retall outlets. A listing of the mojor sections of an income statement follows. Exercise 13-18A (Algo) Income statement presentation LO A2 Prepare the December 31 year-end income statement. (Loss amounts should be indicated with a minus sign.)