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Prepare a condensed income statement for the year

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Reference no: EM13879229

Prepare a condensed income statement for the year on both bases for comparative purposes.

Sales

19,100

units @ $63

Inventory, January 1

6,530

units @ 25

Purchases

6,260

units @ 28

10,400

units @ 32

7,220

units @ 38

Inventory, December 31

11,310

units @ ?

Operating expenses

$253,200

Reference no: EM13879229

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