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Required information [The following information applies to the questions displayed below.] Use the following selected account balances of Delray Manufacturing for the year ended December

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Required information [The following information applies to the questions displayed below.] Use the following selected account balances of Delray Manufacturing for the year ended December 31. Prepare an income statement for Delray Manufacturing (a manufacturer). Assume that its cost of goods manufactured is $1,495,000

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