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The Decade Companys adjusted trial balance contains the following balances as of December 31: Retained Earnings $8,500; Dividends $2,000; Sales $22,000; Cost of Goods sold

The Decade Companys adjusted trial balance contains the following balances as of December 31: Retained Earnings $8,500; Dividends $2,000; Sales $22,000; Cost of Goods sold $8,000; Selling and Administrative Expenses $3,000; Interest Expense $1,500. Prepare an income statement for the year

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