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Question 3 of 5 -73. You are provided with the following information for Pronghorn Enterprises, effective as of its April 30, 2022, year-end. Accounts
Question 3 of 5 -73. You are provided with the following information for Pronghorn Enterprises, effective as of its April 30, 2022, year-end. Accounts payable $904 Accounts receivable 970 Accumulated depreciation-equipment 670 Cash 1,430 Common stock 1,380 Cost of goods sold 1,130 Depreciation expense 265 Dividends 395 Equipment 2,580 Income tax expense 235 Income taxes payable 205 Insurance expense 280 Interest expense 470 Inventory 1,127 Land 3,260 Mortgage payable 3,660 Notes payable (due March 31, 2023) 221 Prepaid insurance 130 Retained earnings (beginning) 1,600 Salaries and wages expense 630 Salaries and wages payable 292 Sales revenue 5,260 Stock investments (short-term) 1,290 Prepare an income statement for Pronghorn Enterprises for the year ended April 30, 2022. (Enter negative amounts using either a negative sign preceding the number eg.-45 or parentheses e.g. (45).) PRONGHORN ENTERPRISES Income Statement April 30, 2022 Expenses Revenues
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