Zoom photographic supplies Inc
Zoom photographic supplies Inc, accounting records include the following for 2012:
Income tax savings- Extraordinary loss $4,400 Sales Revenue- $ 430,000
Income tax saving- loss: Operating expenses:
On discounted operations $16,000 (Including income taxes) $120,000
Extraordinary loss $11,000 Costs of goods sold $220,000
Loss on discontinued operation $40,000
Prepare Zoom photographic supplies multistep income statement for 2012. Omit earnings per share
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