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The following accounts are from Everlast Energy's general ledger. All data are shown before tax. Sales revenue........................... $307 comma 000 Cost of goods sold........................ $197
The following accounts are from Everlast Energy's general ledger. All data are shown before tax. Sales revenue........................... $307 comma 000 Cost of goods sold........................ $197 comma 000 Interest revenue........................ 14 comma 000 Loss on discontinued operations.... 10 comma 000 Interest expense....................... 3 comma 700 Operating expenses...................... 47 comma 000 Gain on sale of vehicle.............. 18 comma 000 Required Prepare a single-step income statement for the year ended December 31, 2023. Omit earnings per share. The income tax rate is 18 percent
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