Question: Refer to the Perreth Drycleaners in E6-22A. Assume that Perreth charges customers $7 per garment for dry cleaning. Prepare Perreths projectedincome statement if 4,252 garments

Refer to the Perreth Drycleaners in E6-22A. Assume that Perreth charges customers $7 per garment for dry cleaning. Prepare Perreth’s projectedincome statement if 4,252 garments are cleaned in March. First, prepare the income statement using the traditional format; then, prepare Perreth’s income statement.

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