(Answered) Argentina company gathered the following condensed data for

Accounting

Argentina Company gathered the following condensed data for the year ended December 31, 2015:

cost of goods sold $750,000
net sales 1,200,000
operating expense 275,000
interest expense 48,000
dividend revenue 38,000
casualty loss from vandalism 125,000

1. Prepare a single-step income statement for the year ended December 31, 2015.

2. Prepare a multi-step income statement for the year ended December 31, 2015.

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