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PTZ Company's multiple-step income statement reports Income from Operations of $591113. Its general ledger also includes the accounts shown below in alphabetical order). All accounts
PTZ Company's multiple-step income statement reports Income from Operations of $591113. Its general ledger also includes the accounts shown below in alphabetical order). All accounts have normal balances (debit or credit Cost of goods sold $145,321 General and administrative expenses 86,985 Interest expense 6,581 Interest revenue 9.851 Selling expenses 90,867 PTZ Company's multiple-step income statement will report the following amount for Net Income: PTZ Company's multiple-step income statement will report the following amount for Net Income: o $594,383 o $416,531 o S574,681 o $445,792 o $607,545
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