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Required information [The following information applies to the questions displayed below.) Tisdale Incorporated reports the following amount in its December 31, 2021, income statement Sales
Required information [The following information applies to the questions displayed below.) Tisdale Incorporated reports the following amount in its December 31, 2021, income statement Sales revenue Non-operating revenue Selling expenses General expenses $295,000 109,000 59,000 Income tax expense Cost of goods sold Administrative expenses $ 29,000 189,000 39,000 49,000 Required: 1. Prepare a multiple-step income statement. (Losses should be indicated by a minus sign.) TISDALE INCORPORATED Multiple-step Income Statement For the year ended December 31, 2021 UN 1 Total operating expenses Operating income (loss)
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