Question: Required: Comparative balance sheets report average total assets for the year of $2,575,000 and average total equity of $1,917,000 a. Prepare an income statement for

Required: Comparative balance sheets report average total assets for the year of $2,575,000 and average total equity of $1,917,000 a. Prepare an income statement for the year in a multiple-step format. Note: Amounts to be deducted should be indicated with a minus sign ie. (100,000). Round your Earnings per share to 2 decimal places

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