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The following information is available for Marin Corp. for the year ended December 31, 2025. Prepare a multiple-step income statement for Marin Corp. The company

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The following information is available for Marin Corp. for the year ended December 31, 2025. Prepare a multiple-step income statement for Marin Corp. The company has a tax rate of 25%. MARIN CORP. Income Statement For the Year Ended December 31, 2025 Sales Sales Revenue $ 762000 Less Siles Discounts $ 5600 Sales Returns and Allowances 11600 Cost of Goods Sold 296000 Cost of Goods Sold Other Revenues and Gains Other Expenses and Losses income Belore income Taxes Income Tax Expense. Net income/ (Loss) 24600 242600

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