lilyrockstarmag
lilyrockstarmag
16.04.2020 • 
Business

Wayman Corporation reports the following amounts in its December 31, 2018, income statement. Sales revenue $ 397,000 Income tax expense $ 51,000 Interest expense 21,000 Cost of goods sold 131,000 Salaries expense 41,000 Advertising expense 31,000 Utilities expense 51,000 Required: Prepare a multiple-step income statement.

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