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Walter Company's multistep Income statement shows cost of goods sold of $60,000, $42,000, operating Income of $12,000 and a $20,000 loss on the sale of

Walter Company's multistep Income statement shows cost of goods sold of $60,000, $42,000, operating Income of $12,000 and a $20,000 loss on the sale of land. Based sales revenue amounted to $72,000. $60,000. $122,000. $102,000

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