Marcia has sales of $79,600. The cost of goods sold is $48,200 and the other costs are $18,700. Depreciation is $8,300, interest expense is $1,000 and the tax rate is 35 percent. Prepare an income statement, in the proper format, dated August 31, 2022.

Answer rating: 100% (QA)

Income Statement is a statements that records the companys Profits and e... View the full answer