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Prepare the income statement for Quality Acquatic Company, for the most recent year, using the amounts and the schedule of cost of goods manufactured below.
Prepare the income statement for Quality Acquatic Company, for the most recent year, using the amounts and the schedule of cost of goods manufactured below. Assume that the company sold 39,000 units of its product at a price of $20 each during the year. (Click the icon to view the amounts.) E: (Click the icon to view the schedule.) Quality Acquatic Company Income Statement For Last Year Cost of goods sold: Operating expenses: Total operating expenses Operating income Prepare the income statement for Quality Acquatic Company, for the most recent year, using the amounts and the schedule of cost of goods manufactured below. Assume that the company sold 39,000 units of its product at a price of $20 each during the year. (Click the icon to view the amounts.) E: (Click the icon to view the schedule.) Quality Acquatic Company Income Statement For Last Year Cost of goods sold: Operating expenses: Total operating expenses Operating income
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