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Prepare a multi-step statement of income for the year ended March 31, 2020, that reports expenses by function. (Enter amounts in thousands.) Cartier Custom Homes

Prepare a multi-step statement of income for the year ended March 31, 2020, that reports expenses by function. (Enter amounts in thousands.) Cartier Custom Homes Inc. Statement of Income (in thousands of dollars) : Prepare a multi-step statement of income for the year ended March 31, 2020, that reports expenses by function. (Enter amounts in thousands.) Cartier Custom Homes Inc. Statement of Income (in thousands of dollars) : Prepare a multi-step statement of income for the year ended March 31, 2020, that reports expenses by function. (Enter amounts in thousands.) Cartier Custom Homes Inc. Statement of Income (in thousands of dollars) : Prepare a multi-step statement of income for the year ended March 31, 2020, that reports expenses by function. (Enter amounts in thousands.) Cartier Custom Homes Inc. Statement of Income (in thousands of dollars) : Dividend revenue 2,752 Income tax expense 167,618 Sales revenue 2,685,907 Wages Rental of Equipment Advertising Depreciation Architectural activities $106,191 $1,758 $0 $7,308 Research and development activities 5,765 6,249 0 1,122 Sales and marketing activities 2,616 3,693 520 Prepare a multi-step statement of income for the year ended March 31, 2020, that reports expenses by nature. (Enter thousands.) MI Dividend revenue 2,752 Income tax expense 167,618 Sales revenue 2,685,907 Wages Rental of Equipment Advertising Depreciation Architectural activities $106,191 $1,758 $0 $7,308 Research and development activities 5,765 6,249 0 1,122 Sales and marketing activities 2,616 3,693 520 Prepare a multi-step statement of income for the year ended March 31, 2020, that reports expenses by nature. (Enter thousands.) MI

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