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The following information is available for Martinez Corp. for the year ended December 31, 2017: Other revenues and gains $9,100 Sales revenue $653,800 Other expenses
The following information is available for Martinez Corp. for the year ended December 31, 2017: Other revenues and gains $9,100 Sales revenue $653,800 Other expenses and losses 15,300 Operating expenses 242,800 Cost of goods sold 245,500 Sales returns and allowances 40,000 Other comprehensive income 5,600 Prepare a multiple-step income statement for Martinez Corp. and comprehensive income statement. The company has a tax rate of 30%. This rate also applies to the other comprehensive income. (Enter negative amounts using either a negative sign preceding the number e.g.-45 or parentheses e.g. (45).) MARTINEZ CORP. Income Statement
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