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Wayman Corporation reports the following amounts in its December 31,2024 , income statement. Required: Prepare a multiple-step income statement Weyman Corporation reports the following amounts

image text in transcribed Wayman Corporation reports the following amounts in its December 31,2024 , income statement. Required: Prepare a multiple-step income statement

Weyman Corporation reports the following amounts in its December 31, 2024, income statement. 45,e Sales revenue Interest expense Salaries expense utilities expense Required: 5355 35 Income tax expense Cost of goods sold Advertising expense 480,000 105,000 375,000 15,000 45,000 360,000 315,000 ses,ae 125,ae 2s,e Prepare a multiple-step income statement. WAYMAN CORPORATION Multiple-Step Income Statement For the Year Ended December 31 , 2024 ales revenue Cost of goods sold Salaries expense Advertising expense tilities expense Total operating expenses Operating income nterest expense ncome tax expense ncome before income taxes et income 355,000 125,000 35,000 25,000 45,000

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