Required information [The following informstion applies to the questions displayed below) Cool Sky reports the...

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Required information [The following informstion applies to the questions displayed below) Cool Sky reports the following for its first year of operations. The company produced 44,000 units and 50 ld 36,000 units at a price of $140 per unit. Assume the company uses absorption costing. Prepare its income statement for the year under absorption costing

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