Question

Supply the missing amounts for each of the following companies:


Requirement
1. Prepare the income statement for Epperson Company for the year ended December 31,
2014. Use the cost-of-goods-sold model to compute cost of goods sold. Epperson’s operating and other expenses for the year were $72,000. Ignore incometax.


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  • CreatedJuly 25, 2014
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