The income statement for Cedar Rapids American Auto Inc. for the year ending December 31, 2016 if Cedar Rapids American Auto Inc. had net sales of $5385920, cost of goods sold on $2073587 and the operating expenses of $498507.

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Chapter 21.2, Problem 1-2SC

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To calculate: The income statement for Cedar Rapids American Auto Inc. for the year ending December 31, 2016 if Cedar Rapids American Auto Inc. had net sales of $5385920, cost of goods sold on $2073587 and the operating expenses of $498507.

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