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Using the information from the problem and the key data below, complete the income statement...

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Accounting

Using the information from the problem and the key data below, complete the income statement to determine profitability.Key data for a.SalesCost of goods soldSelling and admn expensesAmortizationInterest expenseTax rate$900,00055% of sales9% of sales$10,000$8,00030%Carr Auto WholesalersIncome StatementFor the year ended December 31,20XX

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