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Prepare a multi step income statement -In its income statement for the year ended December 31, 2017, Anhad Company reported the following condensed data. Operating
Prepare a multi step income statement -In its income statement for the year ended December 31, 2017, Anhad Company reported the following condensed data.
Operating expenses | $ 754,570 | Interest revenue | $ 28,440 | |||
Cost of goods sold | 1,339,800 | Loss on disposal of plant assets | 17,560 | |||
Interest expense | 70,960 | Net sales | 2,413,500
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