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You have been handed information gathered by LA Hoya Company. The following condensed data for the year ended December 31, 2021: Cost of goods sold
You have been handed information gathered by LA Hoya Company. The following condensed data for the year ended December 31, 2021: Cost of goods sold Net sales Operating expenses Interest expense Dividend revenue Loss from employee strike $ 740,000 1,350,000 279,000 58,000 38,000 233,000 Instructions 1. Prepare a single-step income statement for the year ended December 31, 2021. 2. Prepare a multiple-step income statement for the year ended December 31, 2021
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