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Prepare a traditional format income statement forAugust. Marwick's Pianos, Incorporated, purchases pianos from a large manufacturer for an average cost of ( $ 1,491 )

Prepare a traditional format income statement forAugust. Marwick's Pianos, Incorporated, purchases pianos from a large manufacturer for an average cost of \( \$ 1,491 \) per unit and then sells them to retail customers for an average price of \( \$ 2,500 \) 1 answer

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