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Review Question 2 Using the accounts listed below create an income statement create the operating cash...

Review Question 2

Using the accounts listed below

  • create an income statement
  • create the operating cash flow for the year

Income Statement Accounts for the Year Ending 2017

Cost of Goods Sold $1,429,000

Interest Expense $ 298,000

Taxes $ 328,000

Revenue $2,994,000

SG&A Expenses $ 464,000

Depreciation $ 268,000

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