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Exercise 1-4 This information relates to Vaughn Manufacturing for the year 2017 Retained earnings, January 1, 2017 Advertising expense Dividends Rent expense Service revenue Utilities expense Salaries and wages expense $85,760 2,304 7,680 13,312 74,240 3,072 38,400

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Answer: Vaughn Manufacturing Income Statement For the Year Ended December 31, 2017 Revenues $ 74,240 Service revenue enses Sa

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