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On November 1, 2025, Splish Brothers Inc. had the following account balances. The company uses the perpetual inventory method. During November, the following summary transactions were completed. Nov. 8 Paid $8,520 for salaries due employees, of which $4,440 is for November and $4,080 is for October. 10 Received $4,560 cash from customers in payment of account. 11 Purchased merchandise on account from Dimas Discount Supply for $19,200, terms 2/10, n/30. 12 Sold merchandise on account for $13,200, terms 2/10,n/30. The cost of the merchandise sold was $9,600. 15 Received credit from Dimas Discount Supply for merchandise returned $700. 19 Received collections in full, less discounts, from customers billed on sales of \$13,200 on November 12 . 20 Paid Dimas Discount Supply in full, less discount. 22 Received \$5,520 cash for services performed in November. 25 Purchased equipment on account \$12,000. 27 Purchased supplies on account $4,080. 28 Paid creditors $7,200 of accounts payable due. 29 Paid November rent \$900. 29 Paid salaries $3,120. 29 Performed services on account and billed customers $1,680 for those services. 29 Received \$1,620 from customers for services to be performed in the future. Prepare a multiple-step income statement for November. SPLISH BROTHERS Income Statement $ $

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