Business
Business, 04.03.2022 18:20, jacksonyodell8601

ent Curbstone Company Income Statement For the Year Ended August 31, 2018 Sales $8,595,000 Cost of goods sold 6,110,000 Income from operations $2,485,000 Expenses: Selling expenses $800,000 Administrative expenses 575,000 Delivery expense $425,000 Total expenses 1,800,000 $685,000 Other expense: Interest revenue 45,000 Gross profit $640,000 The income statement above contains errors. Prepare a corrected multi-step income statement.

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