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The accountant of Waterway Shoe Co. has compiled the following information from the company's records as a basis for an income statement for the year

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The accountant of Waterway Shoe Co. has compiled the following information from the company's records as a basis for an income statement for the year ended December 31, 2025. There were 20.000 shares of common stock outstanding during the year. Prepare a multiple-step income statement. (Round earnines ber share to 2 devimal nlarec e \& 14AR Fnter cellinu momentes hefone

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