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Question 6: Prepare a multiple -step income statement for Fayrouz Inc. for the year ended December 31st, 2019 from the following accounts. Account Amount Net

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Question 6: Prepare a multiple -step income statement for Fayrouz Inc. for the year ended December 31st, 2019 from the following accounts. Account Amount Net Sales $72,750 Dividends income 2,715 Gain on sale of equipment 960 General and administrative expensel 7,260 Cost of goods sold 33,690 Equity losses 240 Interest expense 2,310 Selling expenses 5,760 Income tax expense 8,825 Interest income 2,250

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