Question: Please prepare a simple income statement (for let's say a year) with Sales Revenue- 248,750, Cost of Goods Sold- 100,000, Gross Profit- 148,750 and Additional

Please prepare a simple income statement (for let's say a year) with Sales Revenue- 248,750, Cost of Goods Sold- 100,000, Gross Profit- 148,750 and Additional Expenses- 20,000, Net profit- 128,750

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