Question: Current Attempt in Progress The following information is available for Swifty Corporation for the year ended December 31, 2022: $ 12,000 Sales revenue Other revenues




Current Attempt in Progress The following information is available for Swifty Corporation for the year ended December 31, 2022: $ 12,000 Sales revenue Other revenues and gains $ 603,000 203,300 Other expenses and losses 14,000 Operating expenses 40,000 233,900 Cost of goods sold Sales returns and allowances Other comprehensive income 5,900 Prepare a multiple-step income statement for Swifty Corporation and comprehensive income statement. The company has a tax rate of 30%. This rate also applies to the other comprehensive income. Swifty Corporation Income Statement Swifty Corporation Income Statement Revenues Sales Revenue $ Less V: Sales Returns and Allowances Net Sales Cost of Goods Sold Gross Profit Operating Expenses Income From Operations Other Revenues and Gains Other Expenses and Losses Swifty Corporation Comprehensive Income Statement $
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