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Prepare the income statement for Clear Bay Company for the most recent year. Use the calculation of cost of goods sold, cost of goods
Prepare the income statement for Clear Bay Company for the most recent year. Use the calculation of cost of goods sold, cost of goods manufactured, and the amounts below. Assume that the company sold 30,000 units of its product at a price of $14 each during the year. (Click the icon to view the amounts.) (Click the icon to view the calculation of cost of goods manufactured.) (Click the icon to view the calculation of cost of goods sold.)
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