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projected at $26,000, and total administrative expense is projected at $102,000. Required: 1. Prepare an income statement in good form. Round the percent to four

projected at $26,000, and total administrative expense is projected at $102,000. Required: 1. Prepare an income statement in good form. Round the percent to four decimal places before converting to a percentage. For example, .88349 would be rounded to .8835 and entered as 88.35

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