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Single-Step Income Statement Brandt Corporation had sales revenue of $600,000 for the current year. For the year, its cost of goods sold was $250,000,

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Single-Step Income Statement Brandt Corporation had sales revenue of $600,000 for the current year. For the year, its cost of goods sold was $250,000, its operating expenses were $60,000, its interest revenue was $2,000, and its interest expense was $12,000. Brandt's income tax rate is 30% Prepare a single-step income statement for Brandt Corporation for the current year BRANDT CORPORATION Income Statement For Year Ended December 31, Current Year Revenues Expenses 0000 000 B

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