Question: Prepare a multi step income statement -In its income statement for the year ended December 31, 2017, Anhad Company reported the following condensed data. Operating

Prepare a multi step income statement -In its income statement for the year ended December 31, 2017, Anhad Company reported the following condensed data.

Operating expenses

$ 754,570

Interest revenue

$ 28,440

Cost of goods sold

1,339,800

Loss on disposal of plant assets

17,560

Interest expense

70,960

Net sales

2,413,500

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