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The following information is available for Marin Corp. for the year ended December 31, 2022. Other revenues and gains $20,800 Other expenses and losses 2,800
The following information is available for Marin Corp. for the year ended December 31, 2022. Other revenues and gains $20,800 Other expenses and losses 2,800 Cost of goods sold 276,000 Sales discounts 2.800 Sales revenue 743,000 Operating expenses 206,000 Sales returns and allowances 8,200 Prepare a multiple-step income statement for Marin Corp. The company has a tax rate of 25%. MARIN CORP. Income Statement For the Year Ended December 31, 2022 Sales Sales Revenue Less 743000 Sales Returns and Allowances Type here to search 8200 9 TOSHIBA 2800 Net Sales Cost of Goods Sold Gross Profit Operating Expenses Income From Operations Other Revenues and Gains 20800 Other Expenses and losses 2800 Income before Income Taxes Income Tax Expense Net Income / Loss) Type here to search
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