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Wayman Corporation reports the following amounts in its December 31, 2024, income statement. Sales revenue Interest expense Salaries expense Utilities expense Required: $411,000 Income
Wayman Corporation reports the following amounts in its December 31, 2024, income statement. Sales revenue Interest expense Salaries expense Utilities expense Required: $411,000 Income tax expense 23,000 Cost of goods sold 43,000 Advertising expense 53,000 Prepare a multiple-step income statement. WAYMAN CORPORATION Multiple-Step Income Statement For the Year Ended December 31, 2024 Total operating expenses Operating income 0 $53,000 133,000 33,000
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