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View Policies Current Attempt in Progress The following information is available for Larkspur Corp. for the year ended December 31, 2022. Other revenues and gains
View Policies Current Attempt in Progress The following information is available for Larkspur Corp. for the year ended December 31, 2022. Other revenues and gains $22,600 Other expenses and losses 3,800 Cost of goods sold 285,000 Sales discounts 3,800 Sales revenue 752,000 Operating expenses 214,000 Sales returns and allowances 9,800 Prepare a multiple-step income statement for Larkspur Corp. The company has a tax rate of 25%. LARKSPUR CORP. Income Statement For the Year Ended December 31, 2022 Revenues Sales Revenue $ 752000 Less Sales Returns and Allowances $ 9800 Sales Discounts 3800
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