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Firm income statement

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Thieves have broken into your computer system and have stolen key numbers from your firm's income statement. Can you replace them?
Income Statement for Problem 6

Year 2 Year 1

Sales $2,658,00 $2,435,00

Cost of goods sold $_________ $967,000

Selling & general expense $ 867,000 $ 831,000

Earnings before interest & taxes $768,000 $___________

Interest on debt $ ________ $ 831,000

Earnings before taxes $558,0000 $____________

Taxes $_________ $175,0000

Net income $335,000 $__________

Reference no: EM131890606

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