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Prepare a multiple-step income statement. Be sure to complete the statement heading. Refer to the problem data and the list of Labels and Amount

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Prepare a multiple-step income statement. Be sure to complete the statement heading. Refer to the problem data and the list of Labels and Amount Descriptions provided for the exact wording of the answer choices for text entries. A colon (:) will automatically appear if it is required. In the Other income and expenses section only, enter amounts that represent other expenses as negative numbers using a minus sign. 1 2 3 4 (Label) 5 Selling expenses: 6 7 8 9 10 11 Administrative expenses: 12 13 14 15 16 17 18 19 20 21 (Label) 22 23 Clairemont Company Income Statement (Label)

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