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Single-Step Income Statement Summary operating data for Loma Company during the current year ended April 30, 20Y6, are as follows: cost of goods sold, $517,600;
Single-Step Income Statement Summary operating data for Loma Company during the current year ended April 30, 20Y6, are as follows: cost of goods sold, $517,600; administrative expenses, $64,700; interest expense, $39,000; rent revenue, $129,400; sales, $841,100; and selling expenses, $97,100. Prepare a singlc step incomc statement. Loma Company Income Statement For the Ycar Ended April 30, 20Y6 Total revenues Expenses: Total cxpcnscs
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