Prepare multistep income statement

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Reference no: EM131293197

Using the following data, prepare a multistep income statement for Morrison Company for the month ended February 28, 2013.

Cost of Goods Sold $30,000

General and Administrative Expenses 8,000

Net Sales 50,000

Selling Expenses 7,000

Income Taxes 950

Reference no: EM131293197

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