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Salaries and wages expense 460 Research and development expense Depreciation expense 90 Income tax expense 114 276 Sales revenue 5,730 Loss on disposal of
Salaries and wages expense 460 Research and development expense Depreciation expense 90 Income tax expense 114 276 Sales revenue 5,730 Loss on disposal of plant assets 46 Interest expense Advertising expense Sales returns and allowances 161 Cost of goods sold 3,104 499 Rent expense 105 280 Utilities expense 60 | NOTE 1: All accounts are used. NOTE 2: You can put all "nonoperating items" in one section if you wa A. Prepare a multi-step income statement for the above numbers. Here is the example from the book to assist with the preparation. Check Figure-$535
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