Prepare an income statement in good form


Problem: The following information was obtained from the records of Breanne, Inc:            
            
Sales                                                       $200,000        
Selling, general & administrative expenses     34,000       
Interest Expense                                           6,000       
Cost of Goods Sold                                     128,000       
Income Tax Expense                                      8,000       
           
Prepare an Income Statement in Good form as of December 31, 2004.

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Accounting Basics: Prepare an income statement in good form
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