Question: please explain and show the solution Ex 6. Construct an income statement using the following information: net sales, ( $ 500,000 ); salaries, ( $

please explain and show the solution Ex 6. Construct an income statement using the following information: net sales, $ \$ 500,000 $; salaries, $ \$ 100,000 $; rent, $ \$ 24,000 $; COGS, $ \$ 250,000 $; utilities, $ \$ 25,000 $; 2 answers

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