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Which of the following items ould you not expect to see on a single step income statement (highlight your answer) Depreciation Expense Gross Profit Net

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Which of the following items ould you not expect to see on a single step income statement (highlight your answer) Depreciation Expense Gross Profit Net Sales Gain on Sale of Equipment Operating Income For each of the following items, indicate if it would be classified as an operating, investing, or financing activity on the statement of cash flows: Interest paid on outstanding bonda payable Dividends paid on outstanding common stock

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