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Q#3 The following is a list of financial statement items and amounts from a recent income statement and balance sheet of Basic Corporation. All accounts

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Q#3 The following is a list of financial statement items and amounts from a recent income statement and balance sheet of Basic Corporation. All accounts have normal balances. The company's year ended on December 31, 2010. Using the information provided below, prepare in good form a multistep income statement for the year ended December 31 2010. Financial Statement

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