Question: Do not follow the instructions in the text. Using the Adjusted column in this problem, record any necessary closing entries following the four steps do

Do not follow the instructions in the text. Using the Adjusted column in this problem, record any necessary closing entries following the four steps

do not follow the instructions in the text. Instead, prepare a multi-step income statement for Roland Carlson, Inc. for the year 2025. Ignore the unrealized holding gain on available for sale debt securitiesof $15,000 from the first paragraph.

Shares outstanding during 2025 were 100,000

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