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Required information [The following information applies to the questions displayed betow/ The following information was reported in the December 31 financial statements of National Airways,

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Required information [The following information applies to the questions displayed betow/ The following information was reported in the December 31 financial statements of National Airways, Incorporated (isted alphabetically, arnounts in millions). 1. Prepare an income statement for the year ended December 31. (Enter your answers in millions (i.0., 10,000,000 should be entered as 10.).)

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