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Problem 2-03A You are provided with the following information for Blossom Company, effective as of its April 30, 2022, year-end. Accounts payable Accounts receivable Accumulated

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Problem 2-03A You are provided with the following information for Blossom Company, effective as of its April 30, 2022, year-end. Accounts payable Accounts receivable Accumulated depreciation-equipment Cash Common stock Cost of goods sold Depreciation expense Dividends Equipment Goodwill Income tax expense Income taxes payable Insurance expense Interest expense Inventory Investment in land Land Mortgage payable (long-term) Notes payable (short-term) Prepaid insurance Retained earnings (beginning) Salaries and wages expense Salaries and wages payable Sales revenue Stock investments (short-term) $ 852 810 670 1,340 16,500 1,070 425 365 2,480 1,300 175 130 340 560 980 12,860 3,300 3,000 58 70 1,900 800 265 5,100 1,600 Prepare an income statement for Blossom Company for the year ended April 30, 2022. (Enter negative amounts usin sign preceding the number e.g. -45 or parentheses e.g. (45).)

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