Prepare an income statement for the year ended

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Reference no: EM131268042

Use the accounts below for Stanley Black and Decker to prepare an income statement for the year ended December 31, 2015. ($ millions)

Sales revenue 250,000

Nonoperating Income 3,000

Cost of goods sold expense 120,000

Rent and Utilities expense 40,000

Salary expense 50,000

Income tax expense 15,000

Net earnings from discontinued operations 12,000

Reference no: EM131268042

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