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SAGE HILL CORP. Income Statement For the Year Ended December 31, 2025 Sales Sales Revenue $756000 Less : Sales Returns and Allowances Sales Discounts Net

image text in transcribedimage text in transcribedimage text in transcribed SAGE HILL CORP. Income Statement For the Year Ended December 31, 2025 Sales Sales Revenue $756000 Less : Sales Returns and Allowances Sales Discounts Net Sales gross profit $10400 Net Sales gross profit Other Revenues and Gains Net Income / (Loss) $255500 The following information is available for Sage Hill Corp. for the year ended December 31, 2025. Prepare a multiple-step income statement for Sage Hill Corp. The company has a tax rate of 25%

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