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Prepare the multi-step income statement for the year ended December 31, 2018 for Rogers Motorsports using the following selected accounts: Administrative expenses $130,000 Cost of

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Prepare the multi-step income statement for the year ended December 31, 2018 for Rogers Motorsports using the following selected accounts: Administrative expenses $130,000 Cost of goods sold 200,000 Interest Revenue 2,500 Net sales revenue 450,000 Selling expenses 80,000

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