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Prepare an income statement and a common-sized income statement from the following information. (Click on the following icon in order to copy its contents into

Prepare an income statement and a common-sized income statement from the following information. (Click on the following icon in order to copy its contents into a spreadsheet.) Sales $525,406 Cost of goods sold 199,392 General and administrative expense 60,826 Depreciation expense 8,548 Interest expense 11,171 Income taxes 98,188

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