Question: RCES Part Part Exercise 5-10 a-c (Part Level Submission) (Video) In its income statement for the year ended December 31, 2020, Swifty Company reported the
RCES Part Part Exercise 5-10 a-c (Part Level Submission) (Video) In its income statement for the year ended December 31, 2020, Swifty Company reported the following condensed data. Operating expenses $763,520 Interest revenue $32,220 Cost of goods sold 1,292,100 Loss on disposal of plant assets 19,670 Interest expense 74,210 Net sales 2,408,400 Other comprehensive loss 8,300 Part (Part (a) Your answer is partially correct. Try again. (Part Prepare a multiple-step income statement. (List other revenues before other expenses. Enter negative amounts parentheses e.g. (45).) ssion) 23. SWIFTY COMPANY Income Statement For the Year Ended December 31, 2020 . Study Net Sales 2408400 Cost of Goods Sold 1 1292100 Gross Profit 1116300 Operating Expenses - 763520 || Net Income / (Loss) T 352780) Income from Operations Interest Expense 74210 Other Expenses and Losses
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