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The following selected accounts from Highview Electronics Corporation's general ledger are presented below for the year ended December 31, 2021 $222,600 Accounts receivable 642,180 Accumulated
The following selected accounts from Highview Electronics Corporation's general ledger are presented below for the year ended December 31, 2021 $222,600 Accounts receivable 642,180 Accumulated depreciation-equipment 46,200 Advertising expense 210,000 Common shares 984480 Cost of goods sold Depreciation expertse Dividends declared 105.000 126,000 1.218,000 Equipment Freight out 21,000 Income tax expense 58,800 Insurance expense 19.320 Interest expense 52,080 Interest income 25.200 Inventory B1.480 Prepaid expenses 26,040 Rent income 20,160 Retained earnings eathings 449,400 Salaries expense 592,200 Sales 2,175,180 Prepare a single stepstatement of income. Highview Electronics Corporation Statement of Income (Single-step) $ $ $ Sive for at Attempts: 0 of 1 used Submit Answer (6) The parts of this question must be completed in order. The part will be available when you complete the part above
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