Question: Current Attempt in Progress The following information is available for Bonita Corporation for the year ended December 31, 2022: cost of goods sold $209,000, sales
The following information is available for Bonita Corporation for the year ended December 31, 2022: cost of goods sold $209,000, sales revenue $449,000, other revenues and gains $51,000, and operating expenses $77,000. Assuming a corporate tax rate of 20%, prepare an income statement for the company
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