Question
Operating loss (2,353,456) Interest expense 4543 Other (income) expense 0 Net loss 0 Above is a...
| Operating loss | (2,353,456) | |
| Interest expense | 4543 | |
| Other (income) expense | 0 | |
| Net loss | 0 |
Above is a partial income statement. Use the following accounts to determine other (income) expense, then calculate net loss.
| Depreciation | 12,035.99 |
| Interest Expense | 4,543.21 |
| Loss on extinguishment of debt | 5,818.00 |
| Non-cash interest | 595.00 |
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Answer #1
Calculation attached
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