Question: Exercise 5-10 a-c In its income statement for the year ended December 31, 2020, Swifty Corporation reported the following condensed data. Operating expenses Cost of


Exercise 5-10 a-c In its income statement for the year ended December 31, 2020, Swifty Corporation reported the following condensed data. Operating expenses Cost of goods sold Interest expense $760,210 1,301,200 72,400 Interest revenue Loss on disposal of plant assets Net sales Other comprehensive income $ 31,740 15,430 2,413,300 7,530 Prepare a multiple-step income statement. (List other revenues before other expenses. If there is a net loss then enter Swifty Corporation Income Statement $ > $ Prepare a single-step income statement. (If there is a net loss then enter the amount using either a negative sign preceding the number e.g. -45 or parentheses e.g. (45).) Swifty Corporation Income Statement $ Prepare a comprehensive income statement. Swifty Corporation Comprehensive Income Statement
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