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The following information is available for Coronado Corporation for the year ended December 31, 2020: cost of goods sold $223,000, sales revenue $457,000, other revenues

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The following information is available for Coronado Corporation for the year ended December 31, 2020: cost of goods sold $223,000, sales revenue $457,000, other revenues and gains $54,500, and operating expenses $80,000. Assuming a corporate tax rate of 30%, prepare an income statement for the company. CORONADO CORPORATION Income Statement

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