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The following information is available for A1 Marine Supply Company: Sales revenue Sales returns and allowances Cost of goods sold Operating expenses Interest expense

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The following information is available for A1 Marine Supply Company: Sales revenue Sales returns and allowances Cost of goods sold Operating expenses Interest expense Interest revenue $618,000 20,000 398,000 114,000 19,000 20,000 Instructions 1. Use the above information to prepare a multiple-step income statement for the year ended December 31, 2025. 2. Compute the profit margin.

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