Question: Below is some income statement information on company ABD. Prepare an income statement for each of the three years. Show your computations. Year 3 $26,613

Below is some income statement information on company ABD. Prepare an income statement for each of the three years. Show your computations.

Year 3 $26,613 81 Year 1 $21,087 75 16,182 3,966 324 Year 2 Sales Interest expense Cost of goods sold Administrative and selling expenses Income Earnings after tax S 90 17,709 4,533 252 408 5,547 192 312 tax expense

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Year 1 Gross profit Sales Cost of goods sold 21087 16182 4905 Operating profit Gross profit Administ... View full answer

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