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  3. 4 use the following year 3 data: 10 points \tab

4 Use the following Year 3 data: 10 points \table[[eBook],[Print],[References]] Other...

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Accounting

4
Use the following Year 3 data:
10
points
\table[[eBook],[Print],[References]]
Other Selling and Administrative Expenses
Other Expenses
Sales Revenue
Advertising and Promotion Expenses
Salaries and Wages Expense
Income Tax Expense
Interest Expense
$1,050,300
247,600
4,885,300
552,500
2,524,400
166,500
113,900
Required:
Prepare the annual income statement for Kvass, Incorporated
\table[[KVASS, INCORPORATED],[Income Statement],[For the Year Ended December 31, Year 3,],[Revenues:,],[,],[,],[Total Revenues,],[Expenses:,],[,],[,],[,]]
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