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The following is information from Crystal Company's adjusted trial balance at December 31, 2021: Debit Credit Cash $77,000 Notes receivable 102,000 Merchandise inventory 68,000 Equipment

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The following is information from Crystal Company's adjusted trial balance at December 31, 2021: Debit Credit Cash $77,000 Notes receivable 102,000 Merchandise inventory 68,000 Equipment 461,400 Accumulated depreciation-equipment $ 138,420 Unearned revenue 7.400 Notes payable 218,420 L. Crystal, capital 233.000 L. Crystal, drawings 156.000 Interest revenue 11.000 Rent revenue 23,000 Rent revenue 23,000 Sales 1.970,000 Advertising expense 53,000 Cost of goods sold 850,000 Depreciation expense 46,140 Freight out 25,000 Insurance expense 15,000 Interest expense 10,300 Salaries expense 670,000 Sales discounts Sales returns and allowances 9,400 58,000 $2,601.240 $2,601.240 p a ge-step income statement for the year ended December 31, 2021. (Enter negative amounts using either a negative sign preceding the number eg.-45 or parentheses eg. (45).) CRYSTAL COMPANY Income Statement

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