Prepare a consolidated income statement from the given

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Prepare a consolidated income statement from the given data.

Consolidated Income Statement of Big
For the year ended 2006

Particulars

Big

Little

Sales

$862,000

$366,000

COGS

515,000

209,000

Expenses

186,600

67,000

Total Expenses

701,600

276,000

Net Income

$160,400

$90,000

 

Reference no: EM13356117

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