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The following selected accounts from the Cullumber Companys general ledger are presented below for the year ended December 31, 2022: Advertising expense $42000 Interest revenue

The following selected accounts from the Cullumber Companys general ledger are presented below for the year ended December 31, 2022:

Advertising expense $42000

Interest revenue $ 20000

Common stock 237000

Inventory 54000

Cost of goods sold 1072000

Rent revenue 24000

Depreciation expense 112000

Retained earnings 522000

Dividends 137000

Salaries and wages expense 662000

Freight-out 12000

Sales discounts 7500

Income tax expense 57000

Sales returns and allowances 31000

Insurance expense 15000

Sales revenue 2387000

Interest expense 57000

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Question 4 -/1 View Policies Current Attempt in Progress The following selected accounts from the Cullumber Company's general ledger are presented below for the year ended December 31, 2022: $42000 Advertising expense $20000 Interest revenue Common stock Inventory 237000 54000 Cost of goods sold 1072000 Rent revenue 24000 Retained earnings Depreciation expense 112000 522000 Salaries and wages expense Dividends 137000 662000 Freight-out 12000 Sales discounts 7500 Income tax expense 57000 Sales returns and allowances 31000 Insurance expense 15000 Sales revenue 2387000 57000 Interest expense Prepare a multiple-step income statement. Cullumber Company Income Statement $ $ WAS ASSesSIment Flayer 1ool 10/23/2019 WAS Assessment Player Tool eTextbook and Media List of Accounts Attempts: unlimited

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