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  3. net sales of 2,400,000 and interest income of 31,0

net sales of 2,400,000 and interest income of 31,000 in the year 2022. Costs for...

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Accounting

net sales of 2,400,000 and interest income of 31,000 in the year 2022. Costs for 2022 were rarely the cost price in the amount of 1,450,000, administrative costs 212,000, selling costs 280,000 and interest costs 45. The tax rate at Esjuni is 30%. The company has 100,000 shares authorized and 70,000 shares issued and outstanding in the year 2022. Prepare an income statement for the year 2022 for the company.

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