Question: Current Attempt in Progress The following information is available for Kingbird Corp. for the year ended December 31, 2025. Other revenues and gains $24,200

Current Attempt in Progress The following information is available for Kingbird Corp.for the year ended December 31, 2025. Other revenues and gains $24,200Other expenses and losses 4,400 Cost of goods sold 295,000 Sales discounts5,200 Sales revenue 762,000 Operating expenses 224,000 Sales returns and allowances 11,200

Current Attempt in Progress The following information is available for Kingbird Corp. for the year ended December 31, 2025. Other revenues and gains $24,200 Other expenses and losses 4,400 Cost of goods sold 295,000 Sales discounts 5,200 Sales revenue 762,000 Operating expenses 224,000 Sales returns and allowances 11,200 Question 7 of 10 Prepare a multiple-step income statement for Kingbird Corp. The company has a tax rate of 25%. KINGBIRD CORP. Income Statement O $ -/1 : 0

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