Question: Spreadsheet and Statement The following 2016 information is available for Stewart Company: Condensed Income Statement for 2016 Sales $9,000 Cost of goods sold (6,000) Other

Spreadsheet and Statement

The following 2016 information is available for Stewart Company:

Condensed Income Statement for 2016
Sales $9,000
Cost of goods sold (6,000)
Other expenses (2,000)
Loss on sale of equipment (260)
Gain on sale of land 400
Net income

$1,14

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