Question: Required: a. Prepare the corrected multi-step Income Statement for Kostoll that would be prepared by the auditor in accordance with GAAP. (Note that EPS would

Required: a. Prepare the corrected multi-step Income Statement for Kostoll that would be prepared by the auditor in accordance with GAAP. (Note that EPS would be required for a GAAP Income Statement.) b. Prepare Kostoll's Statement of Retained Earnings at 12/31/23. Assume that Retained Earnings at 1/1/23 was \\( \\$ 975,000 \\)

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