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Question 5 View Policies Show Attempt History Current Attempt in Progress In its income statement for the year ended December 31, 2022, Marigold Corp.reported the

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Question 5 View Policies Show Attempt History Current Attempt in Progress In its income statement for the year ended December 31, 2022, Marigold Corp.reported the following condensed data, Operating expenses $ 713,000 Interest revenue $ 25,000 Cost of goods sold 1,248,000 Loss on disposal of plant assets 9,000 Interest expense 62,000 Net sales 2,192,000 Income tax expense 36,000 Other comprehensive income (net of $1,200 tax) 7,500 Your answer is partially correct. Prepare a multiple-step income statement. Marigold Corp. Income Statement For the Year Ended December 31, 2022 Revenues 2192000 Cost of Goods Sold 1248000 Marigold Corp. Income Statement For the Year Ended December 31, 2022 Revenues 2192000 Cost of Goods Sold 1248000 i Gross Profit 944000 Operating Expenses 713000 i Income From Operations 231000 Other Revenues and Gains Interest Revenue 25000 Other Expenses and Losses 62000 i Interest Expense 9000 Loss on Disposal of Plant Assets 7100 7100 Total Revenues 46000 Net Income /(Loss) 185000 eTextbook and Media Assistanc&Used e Textbook List of Accounts X Your answer is incorrect Prepare a comprehensive Income statement. Marigold Corp. Comprehensive Income Statement

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