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The general ledger of the Fly-Buy-Nite (FBN) Engineering Company contained the following account balances. Construct...

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Accounting

The general ledger of the Fly-Buy-Nite (FBN) Engineering Company contained the following account balances. Construct an income statement. What is the
net income before taxes and the net profit (or loss) after taxes? FBN has a tax rate of 21%.
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