prepare a multistep income statement Suppose in its income...
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prepare a multistep income statement 
Suppose in its income statement for the year ended June 30, 2022, The Clorox Company reported the following condensed data (dollars in millions). 114 770 Salaries and wages expenses Depreciation expense Sales revenue Interest expense Advertising expense Sales returns and allowances $ 460 90 7,830 161 499 230 Research and development expense Income tax expense Loss on disposal of plant assets Cost of goods sold Rent expense Utilities expense 3,800 105 Assume a tax rate of 34%
prepare a multistep income statement
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