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St. John’s ACC 625 79785 The following information is available for Quayle Company

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November 21st, 2022

The following information is available for Quayle Company:Sales revenue$618,000Sales returns and allowances20,000Cost of goods sold398,000Operating expenses114,000Interest expense19,000Interest revenue20,000(a) Use the above information to prepare a multiple-step income statement for the year ended December 31, 2014

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