Question: Instructions During the year, shareholders purchased an additional $ 2 5 , 0 0 0 in stock. Required: Prepare an income statement for the current

Instructions
During the year, shareholders purchased an additional $25,000 in stock.
Required:
Prepare an income statement for the current year ended March 31. Be sure to
complete the statement heading. Refer to the lists of Accounts in the information
Instructions During the year, shareholders purchased an additional $25,000 in stock.

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