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The following information pertains to Blue River Corporation for the fiscal year ending June 30,...

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Accounting

  • The following information pertains to Blue River Corporation for the fiscal year ending June 30, 2024. Prepare the income statement.
  • Sales: ?200,000
  • Cost of Goods Sold: ?120,000
  • Administrative Expenses: ?20,000
  • Selling Expenses: ?15,000
  • Interest Expense: ?5,000
  • Income Tax: ?8,000

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