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With the following information how would i create an income statement showing gross profit and net income Sales were $1,375,000.00 Administrative and sales expenses $225,000.00

With the following information how would i create an income statement showing gross profit and net income

  • Sales were $1,375,000.00
  • Administrative and sales expenses $225,000.00
  • Interest on debt is $97,000.00
  • Tax paid at 30%

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