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The following Information is available from the accounting records of Manahan Co. for the year ended December 31, 2019: Net cash provided by financing activities
The following Information is available from the accounting records of Manahan Co. for the year ended December 31, 2019: Net cash provided by financing activities Dividends paid Loss from discontinued operations, net of tax savings of $44,267 Income tax expense Other selling expenses Net sales Advertising expense Accounts receivable Cost of goods sold General and administrative expenses $115,eee 18,600 132,800 27,935 11,600 649,800 46, 5ee 60, see 370,386 141, see Required: a. Calculate the operating Income for Manahan Co. for the year ended December 31, 2019. MANAHAN CO. Operating Income Statement For the year ended December 31, 2019 Expenses: b. Calculate the company's net Income for 2019
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