Wayman Corporation reports the following amounts in its December 31, 2018, income statement. Sales revenue...
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Wayman Corporation reports the following amounts in its December 31, 2018, income statement. Sales revenue Interest expense Salaries expense Utilities expense $ 439,000 Income tax expense 27,000 Cost of goods sold 47,000 Advertising expense $ 57,000 137,000 37,000 Required: Prepare a multiple-step income statement. WAYMAN CORPORATION Multiple-step Income Statement For the year ended December 31, 2018 Total operating expenses Operating income
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