Closing entries Use the data below to prepare the multi-step income statement of Seven Points...

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Closing entries Use the data below to prepare the multi-step income statement of Seven Points Research for the year ended May 31, 2023. (Click the icon to view the closing entries.) Complete the multi-step income statement section-by-section as presented to you. (Use parentheses or a minus sign for a net loss.) Net sales revenue Gross margin Operating expenses Operating Income Other expense Net income (loss)

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