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Presented below is financial information related to the 2020 operations of Carla Vista Cruise Company. Maintenance and repairs expense$99,000Utilities expense11,000Salaries and wages expense132,000Advertising expense28,500Ticket revenue401,000

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Presented below is financial information related to the 2020 operations of Carla Vista Cruise Company.

Maintenance and repairs expense$99,000Utilities expense11,000Salaries and wages expense132,000Advertising expense28,500Ticket revenue401,000

Prepare the 2020 income statement for Carla Vista Cruise Company.

image text in transcribedimage text in transcribed
Exercise 1-15 Presented below is nancial information related to the 2020 operations of Carla Vista Cruise Company. Maintenance and repairs expense $ 99,000 Utilities expense 11,000 Salaries and wages expense 132,000 Advertising expense 28,500 Ticket revenue 401,000 Prepare the 2020 income statement for Carla Vista Cruise Company.

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