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Prepare lady barber income statement for the year

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Reference no: EM132831138

Problem 1: During the? year, Lady Barber had sales of $39,388,000. The company began the year with $3,500,000 of merchandise inventory and ended the year with $4,445,000 of inventory. During the? year, Lady Barber purchased $24,215,000 of merchandise inventory. The? company's selling,? general, and administrative expenses totaled $5,450,000 for the year. Prepare Lady Barber's income statement for the year.

Reference no: EM132831138

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