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Fit-for-Life Foods reports the following income statement accounts for the year ended December 31. Gain on...

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Accounting

  1. Fit-for-Life Foods reports the following income statement accounts for the year ended December 31. 

  3. Gain on sale of equipment $ 6,240 
  4. Depreciation expense—Office copier $ 500
  5. Office supplies expense 730 
  6. Sales discounts 16,200 
  7. Insurance expense 1,400 
  8. Sales returns and allowances 3,800
  9. Sales 212,000
  10. TV advertising expense 2,600 
  11. Office salaries expense 32,800 
  12. Interest revenue 640
  13. Rent expense—Selling space 10,500
  14. Cost of goods sold 91,800
  15. Sales staff wages 22,400 
  16. Sales commission expense 13,900 
Prepare a multiple-step income statement.

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