Question: (a) Prepare an income statement for the year 2017 using the multiple-step form. Common shares outstanding for 2017 total 40,550 (000 omitted). (b) Prepare an

(a) Prepare an income statement for the year 2017 using the

(a)

Prepare an income statement for the year 2017 using the multiple-step form. Common shares outstanding for 2017 total 40,550 (000 omitted).

(b) Prepare an income statement for the year 2017 using the single-step form.

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