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The following selected accounts from the Bramble Corp.s general ledger are presented below for the...

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Accounting

The following selected accounts from the Bramble Corp.s general ledger are presented below for the year ended December 31, 2016:

Advertising expense $ 68,200 Interest revenue $ 37,200
Common stock 310,000 Inventory 83,080
Cost of goods sold 1,345,400 Rent revenue 29,760
Depreciation expense 155,000 Retained earnings 663,400
Dividends 186,000 Salaries and wages expense 837,000
Freight-out 31,000 Sales discounts 10,540
Income tax expense 86,800 Sales returns and allowances 50,840
Insurance expense 18,600 Sales revenue 2,976,000
Interest expense 86,800

Prepare a multiple-step income statement.

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