Question: The following data for the current year ended June 3 0 are from the accounting records of Zanadu Co . :Administrative expenses$ 2 8 ,

The following data for the current year ended June 30 are from the accounting records of Zanadu Co.:Administrative expenses$ 28,750Cost of goods sold 181,440Interest expense 3,600Rent revenue 1,500Sales 534,440Selling expenses65,000Prepare a multiple-step income statement for the year ended June 30.

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