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The following information was taken from the adjusted trial balance of Lucifer Lighting Inc. at December 31, 2022. All accounts have normal balances. ...... Accounts

The following information was taken from the adjusted trial balance of Lucifer Lighting Inc. at December 31, 2022. All accounts have normal balances.

...... Accounts payable.................................................... $ 52,000

...... Accounts receivable.................................................... 18,700

...... Accumulated depreciationBuilding.......................... 44,900

...... Advertising expense.................................................... 38,500

...... Building...................................................................... 600,000

...... Cash............................................................................ 85,000

Common shares........................................................ 417,500

Cost of goods sold.................................................... 410,500

Depreciation expense................................................. 12,000

Freight out................................................................... 22,000

Interest expense............................................................ 5,700

Interest income............................................................. 2,000

Rental revenue............................................................. 6,000

Retained earnings, Jan 1.......................................... 154,800

Salaries expense...................................................... 279,500

Salaries payable.......................................................... 5,200

Sales ....................................................................... 761,300

Utilities expense .......................................................... 9,200

Instructions

Use the above information to prepare a multiple-step statement of income for the year ended December 31, 2022. A template is provided below.

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