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the drop down list of answt options is the same for both tables The following information was taken from the accounts of Green Market, a

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The following information was taken from the accounts of Green Market, a small grocery store, at December 31, Year 1. The accounts are listed in alphabetical order, and all have normal balances. Dollar amounts are given in thousands. Required: Prepare an income statement for the year using the single-step and multistep approach. Note: Enter values in thousands of dollars. Amounts to be deducted and losses should be indicated with a minus sign. Sinqle-step aImGie-DLE iryit-ster 7ue li a de e7+7cot} iie-\$t GREEN MARKET Income Statement For the Year Ended December 31, Year 1 Salaries expense Sales discounts Sales returns and allowances Transportation-out Utilities expense Total cost and expenses Net income (loss) A.ilticton

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