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prepare an income statement for the year ending December 31, 2015.The following information relates to La Greca Co. for the year 2015. Retained earnings, January

prepare an income statement for the year ending December 31, 2015.The following information relates to La Greca Co. for the year 2015.

Retained earnings, January 1, 2015 $48,000 Advertising expense $1,800
Dividends during 2015 5,000 Rent expense 10,400
Service revenue 62,500 Utilities expense 3,100
Salaries and wages expense 28,000

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