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Rickeys Retail has the following financial information for the most recent accounting period. Prepare an income statement. Income statement for Rickey's Retail business. Gross sales
Rickeys Retail has the following financial information for the most recent accounting period. Prepare an income statement. Income statement for Rickey's Retail business. Gross sales are $864,740. Sales Returns and allowances are $47,399. The cost of goods sold is $483,237. Rent expense is $86,705. Interest expense is $1,156. Income Tax Expense is $16,185. Depreciation expense is $5,780. Salaries expense is $98,266. Utility Expense is $28,902
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