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Dorno Corporation reported expenses at the end of the current year as follows: $2,300 delivery expense, $5,500 advertising expense, $13,750 sales salaries expense, $1,250 sales supplies expense, $12,750 office salaries expense, $3,000 insurance expense, and $900 office supplies expense. Prepare schedules to show what amounts Dorno Corporation would report on its income statement for total selling expenses and for total general and administrative expenses.
Financial Statement Analysis and Preparation
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Computation of Free Cash Flow
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