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Show the income statement for the quarter. You will need to calculate tax at 30%. Below is the balance sheet for a store at the

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Show the income statement for the quarter. You will need to calculate tax at 30%. Below is the balance sheet for a store at the end of the first year, and transactions for the first quarter of the following year. Balance Sheet (December 31, 20x0) Transactions (January 1 - March 31,201 ) Payroll Expense Other Expense Total Expenses Profit Before Taxes Taxes (@30\%) Profit After Taxes

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