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Sheldon Epstein Corp had the following items relating to the revenues, gains, expenses and losses for the year ended December 31, 2011. Required: Prepare a

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Sheldon Epstein Corp had the following items relating to the revenues, gains, expenses and losses for the year ended December 31, 2011. Required: Prepare a single-step income statement in good form. Assume an effective income tax rate of 20% on all items, and that the amounts provided above are before tax. 25,000 shares

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