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You are provided with the following information for Vern Corporation, effective as of its April 30, 2014, year-end. a) Prepare an income statement and a

You are provided with the following information for Vern Corporation, effective as of its April 30, 2014, year-end.

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a) Prepare an income statement and a retained earnings statement for Vern Corporation for the year ended April 30, 2014.

b) Prepare a classified balance sheet for Vern as of April 30, 2014.

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