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QS 1 - 1 1 ( Algo ) Preparing an income statement LO P 1 Prepare an income statement for Rex Manufacturing for the year

QS 1-11(Algo) Preparing an income statement LO P1
Prepare an income statement for Rex Manufacturing for the year ended December 31 using the following information. Hint. Not all information given is needed for the solution.
\table[[Finished goods inventory, ending,$17,500
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