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ho ck on the following icon in order to copy its contents into a spreadsheet.) Income Statement Accounts for the Year Ending
Complete the income statement below. (Round to the nearest dollar.) Income Statement Year Ending December 31, 2017 $ $ EBIT $
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Solution: Income Statement Year Ending December 31, 2017 Revenue Cost of Goods Sold Gross Profit Selling, General and Adminis(b) Calculation of Operating Cash Flow for the year: Net Income $336,000 Add: Depreciation: 263,000 Cash Inflow from Operatin

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