Their Corporation Income Statement Year Ending 12/31/2X

Exercise 12 - Prepare a multi-step income statement (assume tax rate of 20%). Cash Cost of Goods Sold Deoreciation Exoense Dividends Paid Gain on Sale of Land Insurance Exoense Interest Exoense Their Corporation Income Statement Year Ending 12/31/2X Operating Expenses Total Operating Expenses 210 Interest Revenue Loss on Sale of Bldg. Preoaid Insurance Rent Revenue Sales Sales Discounts Sales Returns & Allowance Suoolies Exoense Unearned Revenue Other Revenues/Gains & Losses/Expenses Total Other (Non-operating)