Question: 16. Prepare an income statement and calculated operating cash using the following data. Balance 1,200,000 35,000 Account Cost of goods sold Interest expense Taxes -

16. Prepare an income statement and calculated operating cash using the

16. Prepare an income statement and calculated operating cash using the following data. Balance 1,200,000 35,000 Account Cost of goods sold Interest expense Taxes - 22% of profit before tax Revenue General, and administrative expenses Depreciation Selling expenses 2,000,000 87,000 325,000 150,000

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