The following information is available for Bergin Pastry Shop. Gross margin.....................................................$34,700 Income from operations..........................................9,200 Income taxes expense
Question:
The following information is available for Bergin Pastry Shop.
Gross margin.....................................................$34,700
Income from operations..........................................9,200
Income taxes expense (15% of income before taxes)..............?
Interest expense...................................................1,800
Net sales..........................................................85,300
Required:
Prepare a multiple-step income statement for Bergin.
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