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The following information is available for Larkspur, Inc. for the year ended December 31, 2022: Other revenues and gains $10,600 Sales revenue $599,700 Other expenses
The following information is available for Larkspur, Inc. for the year ended December 31, 2022:
Other revenues and gains | $10,600 | Sales revenue | $599,700 | |||
---|---|---|---|---|---|---|
Other expenses and losses | 13,900 | Operating expenses | 187,700 | |||
Cost of goods sold | 182,500 | Sales returns and allowances | 40,000 | |||
Other comprehensive income | 5,500 |
Prepare a multiple-step income statement for Larkspur, Inc. and comprehensive income statement. The company has a tax rate of 30%. This rate also applies to the other comprehensive income.
0.8371 Question of Larkspurn Income State 1000 1500 Lar Inc Gence Salem O DELL 6 7 O W E R y 0 U 1 o P 1 A S D F G. J L N x V B N M AR AT LC - Income before Income Taxes Income Tax Expense Net Income /(Loss) Larkspur, Inc. Comprehensive Income Statement For the Year Ended December 31, 2022 v Net Income /(Loss) Other Comprehensive Income (Loss) Comprehensive Income Loss e Textbook and Media List of Accounts 5 AttemptStep by Step Solution
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