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Recuired information Use the following information for the Exercies below. (Algo) The following information applies to the questions displayed bolow] In the current yeat, Ronda

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Recuired information Use the following information for the Exercies below. (Algo) The following information applies to the questions displayed bolow] In the current yeat, Ronda Merchandising incorporated sold its irterest in a chain of wholesale outets, taking the company an income statement follows. Exercise 17-18A (Algo) Income statement presentation LO A2 Propare the December 31 year-end income statement. Note: Loss amounts should be indicated with a minus sign. Exercise 17-18A (Algo) Income statement presentation LO A2 Prepare the December 31 year-end income statement Note: Loss amounts should be indieated with a minus sign

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