Question: Instructions With the class divided into groups, answer the following. a. Prepare a condensed income statement for 2026 assuming (1) Karen's changes are implemented

Instructions With the class divided into groups, answer the following. a. Prepare

Instructions With the class divided into groups, answer the following. a. Prepare a condensed income statement for 2026 assuming (1) Karen's changes are implemented and (2) Reece's ideas are adopted. b. What is your recommendation to Karen and Reece?

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