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Prepare an income statement through pretax income for each method. Sales, 3 5 0 units; unit sales price, $ 5 0 ; Expenses, $ 1

Prepare an income statement through pretax income for each method.
Sales, 350 units; unit sales price, $50; Expenses, $1,700
Note: Use the COGS amount from Required 1.
Required 1
Rank the three methods in order of income taxes paid (favorable cash flow).
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